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According to the public record, Flat 35, Rayner Towers 2 is a mid-century leasehold apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 35, Rayner Towers 2 is £156,973 and the estimated rental value is £840 per month.
The apartment is within Rayner Towers, Albany Road, London, E10.
Albany Road, London, E10 is located in the borough of Waltham Forest within the E10 postal district.
Flat 35, Rayner Towers 2 has 31 entries in the Land Registry , most recently in August 2024 and a single entry in the EPC database dated March 2024.
We combine this information with that of neighbouring properties to estimate the property 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 35, Rayner Towers 2 is in very good condition we estimate a sale value of £164,822 and a rental value of £882 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £145,985 and a rental value of £781 per month.
Over the last 12 months the sale value of Flat 35 Rayner Towers 2 has decreased by an estimated £1,589 (1.0%) and its rental value has increased by an estimated £30 per month (3.5%), giving an expected gross yield of 6.4%.
Flat 35, Rayner Towers 2 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Mar 2024.
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 35, Rayner Towers 2 was last sold on 7th August 2024 for £141,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since August 2024, the market for similar properties has risen 79.9%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 35, Rayner Towers 2 within a radius of 320 metres over the last 2 years.
The most recent example is Flat 43, Rayner Towers 2, Albany Road, London, E10 7EJ, a leasehold flat which sold for £190,000 on the 22nd December 2020.
Read more about house prices in E10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albany Road, London, E10 has a total of 150 addresses. According to our analysis of all the public data, Flat 35, Rayner Towers 2 is the 116th largest and the 147th most expensive property on the street.
When compared to the postcode district it is £352k less expensive than the average property in E10.
The closest station to Flat 35, Rayner Towers 2 is Leyton Midland Road station which is 900 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 35, Rayner Towers 2, 66.2% of property is socially rented and 25.5% 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 35, Rayner Towers 2, 23.9% of residents are recorded as possessing school level qualifications and 30.7% 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 35, Rayner Towers 2, the average age was 34.7 and the most common age was 32.
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 35, Rayner Towers 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 35, Rayner Towers 2, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.