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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, Willis House is £200,805 and the estimated rental value is £1,421 per month.
The apartment is within Willis House, Grantham Road, London, E12.
Grantham Road, London, E12 is located in the borough of Newham within the E12 postal district.
Flat 2, Willis House has no records in the the Land Registry and a single entry in the EPC database dated March 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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, Willis House is in very good condition we estimate a sale value of £210,845 and a rental value of £1,492 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £186,748 and a rental value of £1,322 per month.
Over the last 12 months the sale value of Flat 2 Willis House has decreased by an estimated £1,232 (0.6%) and its rental value has increased by an estimated £47 per month (3.3%), giving an expected gross yield of 8.5%.
Flat 2, Willis House has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Willis House within a radius of 380 metres over the last 2 years.
The most recent example is 117, Warrior Square, London, E12 5RR, a leasehold flat which sold for £149,000 on the 14th December 2021.
Read more about house prices in E12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grantham Road, London, E12 has a total of 608 addresses. According to our analysis of all the public data, Flat 2, Willis House is the 436th largest and the 508th most expensive property on the street.
When compared to the postcode district it is £235k less expensive than the average property in E12.
The closest station to Flat 2, Willis House is Ilford station which is 600 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, Willis House, 67.4% of property is socially rented and 15.1% is privately rented.
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, Willis House, 28.1% of residents are recorded as possessing school level qualifications and 29.7% 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, Willis House, the average age was 32.4 and the most common age was 12.
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, Willis House, 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, Willis House, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.