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According to the public record, Flat 2001, Avalon Point 1 is a modern leasehold apartment with 581 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 2001, Avalon Point 1 is £442,633 and the estimated rental value is £2,215 per month.
The apartment is within Avalon Point, Silvocea Way, London, E14.
Silvocea Way, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 2001, Avalon Point 1 has a single entry in the Land Registry from March 2023 and a single entry in the EPC database dated August 2021.
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 2001, Avalon Point 1 is in very good condition we estimate a sale value of £464,765 and a rental value of £2,325 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £411,649 and a rental value of £2,060 per month.
Over the last 12 months the sale value of Flat 2001 Avalon Point 1 has decreased by an estimated £14,392 (3.3%) and its rental value has increased by an estimated £115 per month (5.2%), giving an expected gross yield of 6%.
Flat 2001, Avalon Point 1 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Aug 2021.
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 2001, Avalon Point 1 was last sold on 13th March 2023 for £490,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2023, the market for similar properties has dropped 16.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2001, Avalon Point 1 within a radius of 320 metres over the last 2 years.
The most recent example is Flat 1601, Avalon Point 1, Silvocea Way, London, E14 0TZ, a leasehold flat which sold for £470,000 on the 7th June 2023.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Silvocea Way, London, E14 has a total of 161 addresses. According to our analysis of all the public data, Flat 2001, Avalon Point 1 is the 38th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £30k less expensive than the average property in E14.
The nearest school is Culloden Primary - A Paradigm Academy which is 610 metres away. The nearest train station is East India which is 400 metres away.
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