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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
According to the public record, Flat 24, Aird Point 1 is a modern leasehold apartment with 1,076 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 24, Aird Point 1 is £522,032 and the estimated rental value is £3,132 per month.
The apartment is within Aird Point, Lock Side Way, London, E16.
Lock Side Way, London, E16 is located in the borough of Newham within the E16 postal district.
Flat 24, Aird Point 1 has 2 entries in the Land Registry , most recently in July 2019 and a single entry in the EPC database dated August 2016.
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 24, Aird Point 1 is in very good condition we estimate a sale value of £548,133 and a rental value of £3,289 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £485,490 and a rental value of £2,913 per month.
Over the last 12 months the sale value of Flat 24 Aird Point 1 has decreased by an estimated £16,274 (3.1%) and its rental value has increased by an estimated £181 per month (5.8%), giving an expected gross yield of 7.2%.
Flat 24, Aird Point 1 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Aug 2016.
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 24, Aird Point 1 was last sold on 31st July 2019 for £575,118 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since July 2019, the market for similar properties has dropped 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 24, Aird Point 1 within a radius of 350 metres over the last 2 years.
The most recent example is Flat 23, Morton Apartments 17, Lock Side Way, London, E16 2HU, a leasehold flat which sold for £304,000 on the 8th April 2024.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lock Side Way, London, E16 has a total of 123 addresses. According to our analysis of all the public data, Flat 24, Aird Point 1 is the 9th largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £142k more expensive than the average property in E16.
The nearest school is London Design and Engineering UTC which is 654 metres away. The nearest train station is Gallions Reach 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.
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