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According to the public record, Flat 2, 42, Forest Drive West is a period leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 42, Forest Drive West is £291,280 and the estimated rental value is £1,576 per month.
The apartment is within 42, Forest Drive West, London, E11.
Forest Drive West, London, E11 is located in the borough of Waltham Forest within the E11 postal district.
Flat 2, 42, Forest Drive West has 2 entries in the Land Registry , most recently in January 2024 and a single entry in the EPC database dated February 2024.
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, 42, Forest Drive West is in very good condition we estimate a sale value of £305,844 and a rental value of £1,654 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £270,890 and a rental value of £1,465 per month.
Over the last 12 months the sale value of Flat 2 42 Forest Drive West has increased by an estimated £4,800 (1.6%) and its rental value has increased by an estimated £77 per month (4.9%), giving an expected gross yield of 6.5%.
Flat 2, 42, Forest Drive West has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Feb 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, 42, Forest Drive West was last sold on 5th January 2024 for £271,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since January 2024, the market for similar properties has dropped 8.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 42, Forest Drive West within a radius of 360 metres over the last 2 years.
The most recent example is Flat 4, 42, Forest Drive West, London, E11 1LA, a leasehold flat which sold for £293,542 on the 30th May 2024.
Read more about house prices in E11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forest Drive West, London, E11 has a total of 178 addresses. According to our analysis of all the public data, Flat 2, 42, Forest Drive West is the 152nd largest and the 155th most expensive property on the street.
When compared to the postcode district it is £327k less expensive than the average property in E11.
The closest station to Flat 2, 42, Forest Drive West is Leyton Midland Road station which is 400 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 42, Forest Drive West, 29.2% of property is privately owned outright and 27.9% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 2, 42, Forest Drive West, 16.2% of residents are recorded as possessing school level qualifications and 47.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 2, 42, Forest Drive West, the average age was 35.6 and the most common age was 37.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 2, 42, Forest Drive West, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 2, 42, Forest Drive West, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.