Flat 24, Rendel Apartments 3
Flat 24, Rendel Apartments 3
Description & Estimates
Flat 24, Rendel Apartments 3 is described in the public record as a modern apartment with 559 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 24, Rendel Apartments 3 is £367,632 and its rental estimate is £2,335 per month, given the available information and assuming reasonable condition.
Rendel Apartments, Lock Side Way is a residential building on Lock Side Way, London, E16 and falls within the E16 postal district and the London Borough of Newham.
Our Data Sources
Flat 24, Rendel Apartments 3 has no records in the the Land Registry and a single entry in the EPC database dated January 2017.
We combine this information with public data 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.
Price Range & Condition
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 24, Rendel Apartments 3, we estimate a market value of £386,014 and a rental value of £2,452 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £341,898 and £2,172 per month respectively.
Recent Market Change
Over the last year, Flat 24, Rendel Apartments 3 has seen its estimated sale value decrease by £13,272 (3.6%) and its estimated rental value grow by £109 per month (4.6%). This results in an estimated gross rental yield of 7.6%.
Energy Efficiency
Flat 24, Rendel Apartments 3 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Jan 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 24, Rendel Apartments 3 have sold within a radius of 360 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th May 2025, was Flat 7, Aird Point 1, Lock Side Way, London, E16 2GZ, a leasehold flat which sold for £325,000.
Read more about house prices in E16.
- Sold May 2025£325,000 | 2 Bed FlatAird Point 1, Lock Side WayFlat 7, Aird Point 1, Lock Side Way, London, E16 2GZ
- Sold Jul 2022£310,000 | 2 Bed FlatRendel Apartments 3, Lock Side WayFlat 6, Rendel Apartments 3, Lock Side Way, London, E16 2HA
- Sold Mar 2022£345,000 | 2 Bed FlatRendel Apartments 3, Lock Side WayFlat 19, Rendel Apartments 3, Lock Side Way, London, E16 2HA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 123 addresses on Lock Side Way, London, E16, Flat 24, Rendel Apartments 3 comes out as the 99th largest and the 99th most expensive in our analysis of the public data.
It is also £15k less expensive than the average property across the E16 district.
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Schools Nearby
- 900mGallions Primary School
- 1.1kmWinsor Primary School
- 1.4kmHeronsgate Primary School
- 700mLondon Design and Engineering UTC
- 1.7kmKingsford Community School
- 2.3kmWoolwich Polytechnic School
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Public Transport Nearby
From Flat 24, Rendel Apartments 3, the nearest station is Gallions Reach, 400 metres away.
- 400mGallions Reach
- 900mCyprus
- 900mKing George V
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
