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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, Springate House 117 is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 619 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 24, Springate House 117 is £280,732 and the estimated rental value is £1,750 per month.
The apartment is within Springate House, Walton Road, London, E12.
Walton Road, London, E12 is located in the borough of Newham within the E12 postal district.
Flat 24, Springate House 117 has a single entry in the Land Registry from July 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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, Springate House 117 is in very good condition we estimate a sale value of £294,768 and a rental value of £1,837 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £261,080 and a rental value of £1,627 per month.
Over the last 12 months the sale value of Flat 24 Springate House 117 has increased by an estimated £1,247 (0.4%) and its rental value has increased by an estimated £75 per month (4.3%), giving an expected gross yield of 7.5%.
According to HM Land Registry, Flat 24, Springate House 117 was last sold on 31st July 2014 for £150,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2014, the market for similar properties has risen 78.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 24, Springate House 117 within a radius of 370 metres over the last 2 years.
The most recent example is Flat 11, Guppy House 121, Walton Road, London, E12 5EW, a leasehold flat which sold for £265,000 on the 26th August 2022.
Read more about house prices in E12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Walton Road, London, E12 has a total of 287 addresses. According to our analysis of all the public data, Flat 24, Springate House 117 is the 198th largest and the 157th most expensive property on the street.
When compared to the postcode district it is £162k less expensive than the average property in E12.
The closest station to Flat 24, Springate House 117 is Ilford station which is 800 metres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 24, Springate House 117, 42.3% of property is socially rented and 22.6% is privately 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 24, Springate House 117, 29.2% of residents are recorded as possessing school level qualifications and 41.4% 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 24, Springate House 117, the average age was 32 and the most common age was 12.
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 24, Springate House 117, 0.0% 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 24, Springate House 117, 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.
