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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
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According to the public record, Flat 3, 13, Chelmsford Road is a mid-century leasehold apartment with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 3, 13, Chelmsford Road is £260,465 and the estimated rental value is £1,313 per month.
The apartment is within 13, Chelmsford Road, London, E18.
Chelmsford Road, London, E18 is located in the borough of Redbridge within the E18 postal district.
Flat 3, 13, Chelmsford Road has 2 entries in the Land Registry , most recently in February 2022 and a single entry in the EPC database dated January 2020.
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, 13, Chelmsford Road is in very good condition we estimate a sale value of £273,488 and a rental value of £1,379 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £242,233 and a rental value of £1,221 per month.
Over the last 12 months the sale value of Flat 3 13 Chelmsford Road has decreased by an estimated £2,921 (1.1%) and its rental value has increased by an estimated £52 per month (3.9%), giving an expected gross yield of 6%.
Flat 3, 13, Chelmsford Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jan 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 3, 13, Chelmsford Road was last sold on 28th February 2022 for £257,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2022, the market for similar properties has risen 1.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 13, Chelmsford Road within a radius of 420 metres over the last 2 years.
The most recent example is 16 Glebe House, Queen Mary Avenue, London, E18 2FG, a leasehold flat which sold for £290,000 on the 16th September 2022.
Read more about house prices in E18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chelmsford Road, London, E18 has a total of 149 addresses. According to our analysis of all the public data, Flat 3, 13, Chelmsford Road is the 148th largest and the 148th most expensive property on the street.
When compared to the postcode district it is £339k less expensive than the average property in E18.
The nearest school is Churchfields Junior School which is 300 metres away. The nearest train station is South Woodford which is 1.0 kilometres away.
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