Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, Flat 2, 2G, Vale Road is a modern leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 2G, Vale Road is £410,515 and the estimated rental value is £2,184 per month.
The apartment is within 2G, Vale Road, London, E7.
Vale Road, London, E7 is located in the borough of Newham within the E7 postal district.
Flat 2, 2G, Vale Road has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated September 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 2, 2G, Vale Road is in very good condition we estimate a sale value of £431,041 and a rental value of £2,293 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £381,779 and a rental value of £2,031 per month.
Over the last 12 months the sale value of Flat 2 2G Vale Road has decreased by an estimated £2,601 (0.6%) and its rental value has increased by an estimated £84 per month (3.9%), giving an expected gross yield of 6.4%.
Flat 2, 2G, Vale Road has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Sep 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
According to HM Land Registry, Flat 2, 2G, Vale Road was last sold on 21st December 2022 for £540,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2022, the market for similar properties has dropped 10.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 2G, Vale Road within a radius of 340 metres over the last 2 years.
The most recent example is Flat 5, 2G, Vale Road, London, E7 8FE, a leasehold flat which sold for £435,000 on the 25th November 2022.
Read more about house prices in E7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Vale Road, London, E7 has a total of 68 addresses. According to our analysis of all the public data, Flat 2, 2G, Vale Road is the 37th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £69k less expensive than the average property in E7.
The nearest school is St Angela's Ursuline School which is 402 metres away. The nearest train station is Forest Gate which is 500 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
