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According to the public record, Flat 2, Azure Building 59 is a modern leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Azure Building 59 is £496,028 and the estimated rental value is £2,616 per month.
The apartment is within Azure Building, Great Eastern Road, London, E15.
Great Eastern Road, London, E15 is located in the borough of Newham within the E15 postal district.
Flat 2, Azure Building 59 has a single entry in the Land Registry from December 2021 and a single entry in the EPC database dated January 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, Azure Building 59 is in very good condition we estimate a sale value of £520,829 and a rental value of £2,747 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £461,306 and a rental value of £2,433 per month.
Over the last 12 months the sale value of Flat 2 Azure Building 59 has decreased by an estimated £6,297 (1.3%) and its rental value has increased by an estimated £115 per month (4.4%), giving an expected gross yield of 6.3%.
Flat 2, Azure Building 59 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Jan 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, Flat 2, Azure Building 59 was last sold on 10th December 2021 for £545,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2021, the market for similar properties has dropped 16.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Azure Building 59 within a radius of 330 metres over the last 2 years.
The most recent example is Flat 10, Azure Building 59, Great Eastern Road, London, E15 1DX, a leasehold flat which sold for £545,000 on the 21st June 2024.
Read more about house prices in E15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Great Eastern Road, London, E15 has a total of 564 addresses. According to our analysis of all the public data, Flat 2, Azure Building 59 is the 268th largest and the 232nd most expensive property on the street.
When compared to the postcode district it is £57k more expensive than the average property in E15.
The closest station to Flat 2, Azure Building 59 is Stratford High Street station which is 300 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, Azure Building 59, % of property is and % is .
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, Azure Building 59, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Azure Building 59, 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, Azure Building 59, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.