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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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The public record describes Flat 3, Shernwood House 2 as a mid-century apartment with 721 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 3, Shernwood House 2 has an estimated sale value of £437,427 and an estimated rental value of £1,880 per month, assuming reasonable condition and based on the information available.
The apartment sits within Shernwood House, Hermitage Walk, London, E18.
Hermitage Walk, London, E18 lies in the borough of Redbridge, within the E18 postal district.
Flat 3, Shernwood House 2 has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2023.
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.
In very good condition, we estimate Flat 3, Shernwood House 2 would be worth £459,299, with a potential rental value of £1,974 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £406,807, with a rental value of £1,748 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 3, Shernwood House 2 has declined by £4,337 (1.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £81 (4.3%). The property's estimated gross yield is currently 5.2%.
Flat 3, Shernwood House 2 has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Feb 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Flat 3, Shernwood House 2 last changed hands on 10th September 1999, selling for £105,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 480 metres of Flat 3, Shernwood House 2 across the last 2 years.
Most recently, Flat 5, Shernwood House 2, Hermitage Walk, London, E18 2DE, a leasehold flat, sold at £435,000 on the 21st November 2024.
Read more about house prices in E18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 3, Shernwood House 2 as the 73rd largest and the 64th most expensive of the 87 addresses on Hermitage Walk, London, E18.
Against the E18 postcode district average, it is £162k less expensive than the typical property.
Snaresbrook station is the nearest stop to Flat 3, Shernwood House 2 at 400 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, Shernwood House 2, 36.0% of property is privately rented and 33.3% is privately owned outright.
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 3, Shernwood House 2, 15.7% of residents are recorded as possessing school level qualifications and 47.9% 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 3, Shernwood House 2, the average age was 41.5 and the most common age was 37.
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 3, Shernwood House 2, 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 3, Shernwood House 2, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
