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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 22, 8, Nelson Walk is a modern leasehold apartment with 1,184 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 22, 8, Nelson Walk is £594,707 and the estimated rental value is £3,350 per month.
The apartment is within 8, Nelson Walk, London, E3.
Nelson Walk, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 22, 8, Nelson Walk has a single entry in the Land Registry from May 2010 and a single entry in the EPC database dated November 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 22, 8, Nelson Walk is in very good condition we estimate a sale value of £624,443 and a rental value of £3,517 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £553,078 and a rental value of £3,115 per month.
Over the last 12 months the sale value of Flat 22 8 Nelson Walk has decreased by an estimated £14,325 (2.4%) and its rental value has increased by an estimated £164 per month (4.9%), giving an expected gross yield of 6.8%.
Flat 22, 8, Nelson Walk has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Nov 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, Flat 22, 8, Nelson Walk was last sold on 28th May 2010 for £350,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2010, the market for similar properties has risen 52.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 22, 8, Nelson Walk within a radius of 280 metres over the last 2 years.
The most recent example is Flat 24, 8, Nelson Walk, London, E3 3FG, a leasehold flat which sold for £575,000 on the 3rd February 2023.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nelson Walk, London, E3 has a total of 179 addresses. According to our analysis of all the public data, Flat 22, 8, Nelson Walk is the 27th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £148k more expensive than the average property in E3.
The nearest school is Marner Primary School which is 149 metres away. The nearest train station is Bromley-by-Bow which is 200 metres away.
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