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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Flat 221, Cornwell House 15 is recorded publicly as a modern leasehold apartment across 441 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a balcony.
Our estimate of the sale value of Flat 221, Cornwell House 15 is £279,855 and its rental estimate is £1,515 per month, given the available information and assuming reasonable condition.
Cornwell House, Ron Leighton Way is a residential building on Ron Leighton Way, London, E6 and falls within the E6 postal district and the London Borough of Newham.
Flat 221, Cornwell House 15 has a single entry in the Land Registry from April 2022 and a single entry in the EPC database dated March 2022.
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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 221, Cornwell House 15, we estimate a market value of £293,847 and a rental value of £1,590 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £260,265 and £1,409 per month respectively.
Over the last year, Flat 221, Cornwell House 15 has seen its estimated sale value drop by £6,922 (2.5%) and its estimated rental value rise by £53 per month (3.5%). This results in an estimated gross rental yield of 6.5%.
Flat 221, Cornwell House 15 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Mar 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
The most recent sale of Flat 221, Cornwell House 15 completed on 28th April 2022 at £309,845 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 16.0% over the period since April 2022.
Over the past 2 years 3 properties similar to Flat 221, Cornwell House 15 have sold within a radius of 310 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th February 2023, was Flat 191, Cornwell House 15, Ron Leighton Way, London, E6 1FD, a leasehold flat which sold for £280,000.
Read more about house prices in E6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 228 addresses on Ron Leighton Way, London, E6, Flat 221, Cornwell House 15 comes out as the 216th largest and the 204th most expensive in our analysis of the public data.
It is also £112k less expensive than the average property across the E6 district.
From Flat 221, Cornwell House 15, the nearest station is East Ham, 600 metres away.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 221, Cornwell House 15, 54.6% of property is privately rented and 22.1% is socially 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 221, Cornwell House 15, 28.5% 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 221, Cornwell House 15, the average age was 33.7 and the most common age was 37.
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 221, Cornwell House 15, 0.6% 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 221, Cornwell House 15, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
