Stay up to date
Stay up to date
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 2002, Avalon Point 1 is a modern leasehold apartment with 602 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 2002, Avalon Point 1 is £453,202 and the estimated rental value is £2,267 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 2002, Avalon Point 1 has a single entry in the Land Registry from January 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 2002, Avalon Point 1 is in very good condition we estimate a sale value of £475,862 and a rental value of £2,381 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £421,478 and a rental value of £2,108 per month.
Over the last 12 months the sale value of Flat 2002 Avalon Point 1 has decreased by an estimated £14,735 (3.3%) and its rental value has increased by an estimated £117 per month (5.2%), giving an expected gross yield of 6%.
Flat 2002, 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 2002, Avalon Point 1 was last sold on 24th January 2023 for £466,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2023, the market for similar properties has dropped 16.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2002, Avalon Point 1 within a radius of 320 metres over the last 2 years.
The most recent example is Flat 1202, Avalon Point 1, Silvocea Way, London, E14 0TY, a leasehold flat which sold for £485,000 on the 1st December 2022.
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 2002, Avalon Point 1 is the 26th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £19k 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.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
Be the first Estate
Agent here!
