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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 2, Oak Lodge 56 is a modern leasehold apartment with 516 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, Oak Lodge 56 is £181,009 and the estimated rental value is £991 per month.
The apartment is within Oak Lodge, Cambridge Road, London, E11.
Cambridge Road, London, E11 is located in the borough of Redbridge within the E11 postal district.
Flat 2, Oak Lodge 56 has 31 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated June 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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, Oak Lodge 56 is in very good condition we estimate a sale value of £190,059 and a rental value of £1,040 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £168,338 and a rental value of £921 per month.
Over the last 12 months the sale value of Flat 2 Oak Lodge 56 has increased by an estimated £1,035 (0.6%) and its rental value has increased by an estimated £42 per month (4.2%), giving an expected gross yield of 6.6%.
Flat 2, Oak Lodge 56 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jun 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Flat 2, Oak Lodge 56 was last sold on 1st September 2022 for £182,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since September 2022, the market for similar properties has risen 62.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Oak Lodge 56 within a radius of 550 metres over the last 2 years.
The most recent example is Flat 23, Oak Lodge 56, Cambridge Road, London, E11 2PS, a leasehold flat which sold for £185,000 on the 3rd May 2024.
Read more about house prices in E11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cambridge Road, London, E11 has a total of 174 addresses. According to our analysis of all the public data, Flat 2, Oak Lodge 56 is the 89th largest and the 148th most expensive property on the street.
When compared to the postcode district it is £438k less expensive than the average property in E11.
The closest station to Flat 2, Oak Lodge 56 is Wanstead station which is 600 metres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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, Oak Lodge 56, 67.2% of property is privately owned outright and 18.8% 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, Oak Lodge 56, 15.1% of residents are recorded as possessing school level qualifications and 43.9% 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, Oak Lodge 56, the average age was 41.5 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, Oak Lodge 56, 1.8% 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, Oak Lodge 56, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
