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According to the public record, Flat 3, 1, Ferndale Street is a modern leasehold apartment with 613 ft2 of internal area.
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 3, 1, Ferndale Street is £229,421 and the estimated rental value is £1,545 per month.
The apartment is within 1, Ferndale Street, London, E6.
Ferndale Street, London, E6 is located in the borough of Newham within the E6 postal district.
Flat 3, 1, Ferndale Street has a single entry in the Land Registry from November 2011 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 3, 1, Ferndale Street is in very good condition we estimate a sale value of £240,892 and a rental value of £1,623 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £213,361 and a rental value of £1,437 per month.
Over the last 12 months the sale value of Flat 3 1 Ferndale Street has decreased by an estimated £8,666 (3.8%) and its rental value has increased by an estimated £72 per month (4.7%), giving an expected gross yield of 8.1%.
Flat 3, 1, Ferndale Street has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Aug 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
According to HM Land Registry, Flat 3, 1, Ferndale Street was last sold on 7th November 2011 for £187,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2011, the market for similar properties has risen 69.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 1, Ferndale Street within a radius of 410 metres over the last 2 years.
The most recent example is 30, Pennyroyal Avenue, London, E6 5ND, a leasehold flat which sold for £235,000 on the 6th November 2023.
Read more about house prices in E6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ferndale Street, London, E6 has a total of 13 addresses. According to our analysis of all the public data, Flat 3, 1, Ferndale Street is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £154k less expensive than the average property in E6.
The nearest school is London Design and Engineering UTC which is 173 metres away. The nearest train station is Cyprus which is 200 metres away.
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