Flat 29, Rendel Apartments 3
Flat 29, Rendel Apartments 3
Description & Estimates
Flat 29, Rendel Apartments 3 is recorded publicly as a modern leasehold apartment across 1,076 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 29, Rendel Apartments 3 is £550,700 and its rental estimate is £3,327 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 29, Rendel Apartments 3 has a single entry in the Land Registry from March 2017 and a single entry in the EPC database dated January 2017.
We combine this information with that 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 29, Rendel Apartments 3, we estimate a market value of £578,235 and a rental value of £3,493 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £512,151 and £3,094 per month respectively.
Recent Market Change
Over the last year, Flat 29, Rendel Apartments 3 has seen its estimated sale value decline by £17,179 (3.1%) and its estimated rental value climb by £162 per month (4.9%). This results in an estimated gross rental yield of 7.2%.
Energy Efficiency
Flat 29, 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.
Sold Prices
The most recent sale of Flat 29, Rendel Apartments 3 completed on 31st March 2017 at £650,000 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 risen by 4.8% over the period since March 2017.
- Sold Mar 2017£650,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 29, 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 31st July 2019, was Flat 24, Aird Point 1, Lock Side Way, London, E16 2GZ, a leasehold flat which sold for £575,118.
Read more about house prices in E16.
- Sold Jul 2019£575,118 | 3 Bed FlatAird Point 1, Lock Side WayFlat 24, Aird Point 1, Lock Side Way, London, E16 2GZ
- Sold Jun 2019£600,000 | 3 Bed FlatMorton Apartments 17, Lock Side WayFlat 27, Morton Apartments 17, Lock Side Way, London, E16 2HU
- Sold Mar 2017£650,000 | 3 Bed FlatRendel Apartments 3, Lock Side WayFlat 28, Rendel Apartments 3, Lock Side Way, London, E16 2HA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 123 addresses on Lock Side Way, London, E16, Flat 29, Rendel Apartments 3 comes out as the 4th largest and the 11th most expensive in our analysis of the public data.
It is also £169k more expensive than the average property across the E16 district.
More reading links
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
More reading links
Public Transport Nearby
From Flat 29, 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.
