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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
According to the public record, Flat 2, Rendel Apartments 3 is a modern leasehold apartment with 839 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, Rendel Apartments 3 is £468,067 and the estimated rental value is £2,836 per month.
The apartment is within Rendel Apartments, Lock Side Way, London, E16.
Lock Side Way, London, E16 is located in the borough of Newham within the E16 postal district.
Flat 2, Rendel Apartments 3 has a single entry in the Land Registry from March 2017 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 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, Rendel Apartments 3 is in very good condition we estimate a sale value of £491,470 and a rental value of £2,978 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £435,302 and a rental value of £2,638 per month.
Over the last 12 months the sale value of Flat 2 Rendel Apartments 3 has decreased by an estimated £16,898 (3.6%) and its rental value has increased by an estimated £132 per month (4.6%), giving an expected gross yield of 7.3%.
Flat 2, Rendel Apartments 3 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 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, Rendel Apartments 3 was last sold on 17th March 2017 for £480,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2017, the market for similar properties has risen 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Rendel Apartments 3 within a radius of 360 metres over the last 2 years.
The most recent example is Flat 20, Aird Point 1, Lock Side Way, London, E16 2GZ, a leasehold flat which sold for £415,000 on the 4th March 2025.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lock Side Way, London, E16 has a total of 123 addresses. According to our analysis of all the public data, Flat 2, Rendel Apartments 3 is the 47th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £86k more expensive than the average property in E16.
The nearest school is London Design and Engineering UTC which is 700 metres away. The nearest train station is Gallions Reach which is 400 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.
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