Flat 39, Granite Apartments 39
Flat 39, Granite Apartments 39
Description & Estimates
Flat 39, Granite Apartments 39 is recorded publicly as a modern leasehold apartment across 419 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a balcony.
Our estimate of the sale value of Flat 39, Granite Apartments 39 is £254,300 and its rental estimate is £1,657 per month, given the available information and assuming reasonable condition.
Granite Apartments, Windmill Lane is a residential building on Windmill Lane, London, E15 and falls within the E15 postal district and the London Borough of Newham.
Our Data Sources
Flat 39, Granite Apartments 39 has a single entry in the Land Registry from July 2018 and a single entry in the EPC database dated October 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 39, Granite Apartments 39, we estimate a market value of £267,014 and a rental value of £1,740 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £236,499 and £1,541 per month respectively.
Recent Market Change
Over the last year, Flat 39, Granite Apartments 39 has seen its estimated sale value decline by £6,039 (2.4%) and its estimated rental value climb by £53 per month (3.2%). This results in an estimated gross rental yield of 7.8%.
Energy Efficiency
Flat 39, Granite Apartments 39 has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Oct 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 39, Granite Apartments 39 completed on 20th July 2018 at £120,000 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 2.7% over the period since July 2018.
- Sold Jul 2018£120,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 39, Granite Apartments 39 have sold within a radius of 310 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th February 2024, was Flat 17, Granite Apartments 39, Windmill Lane, London, E15 1PX, a leasehold flat which sold for £240,000.
Read more about house prices in E15.
- Sold Feb 2024£240,000 | 1 Bed FlatGranite Apartments 39, Windmill LaneFlat 17, Granite Apartments 39, Windmill Lane, London, E15 1PX
- Sold Jan 2024£265,000 | 1 Bed FlatGranite Apartments 39, Windmill LaneFlat 21, Granite Apartments 39, Windmill Lane, London, E15 1PX
- Sold Jan 2024£254,300 | 1 Bed FlatGranite Apartments 39, Windmill LaneFlat 68, Granite Apartments 39, Windmill Lane, London, E15 1PY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 185 addresses on Windmill Lane, London, E15, Flat 39, Granite Apartments 39 comes out as the 167th largest and the 160th most expensive in our analysis of the public data.
It is also £185k less expensive than the average property across the E15 district.
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Schools Nearby
- 300mColegrave Primary School
- 400mSt Francis' Catholic Primary School
- 600mMaryland Primary School
- 400mSarah Bonnell School
- 1.5kmForest Gate Community School
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Public Transport Nearby
From Flat 39, Granite Apartments 39, the nearest station is Maryland, 200 metres away.
- 200mMaryland
- 500mStratford
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
