Flat 4, The Renovation 4
Flat 4, The Renovation 4
Description & Estimates
Flat 4, The Renovation 4 is recorded publicly as a modern leasehold apartment across 559 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 4, The Renovation 4 is £276,420 and its rental estimate is £1,756 per month, given the available information and assuming reasonable condition.
The Renovation, Woolwich Manor Way is a residential building on Woolwich Manor Way, London, E16 and falls within the E16 postal district and the London Borough of Newham.
Our Data Sources
Flat 4, The Renovation 4 has 51 entries in the Land Registry , most recently in May 2023 and a single entry in the EPC database dated June 2022.
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 4, The Renovation 4, we estimate a market value of £290,241 and a rental value of £1,843 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £257,070 and £1,633 per month respectively.
Recent Market Change
Over the last year, Flat 4, The Renovation 4 has seen its estimated sale value decrease by £8,777 (3.2%) and its estimated rental value grow by £79 per month (4.5%). This results in an estimated gross rental yield of 7.6%.
Energy Efficiency
Flat 4, The Renovation 4 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Jun 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of Flat 4, The Renovation 4 completed on 5th May 2023 at £250,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 5 times.
Values of comparable properties have dropped by 5.5% over the period since May 2023.
- Sold May 2023£250,000
- Sold Feb 2005£225,000
- Sold Apr 2003£220,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 4, The Renovation 4 have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th May 2024, was 8, Lowestoft Mews, London, E16 2ST, a leasehold flat which sold for £232,000.
Read more about house prices in E16.
- Sold May 2024£232,000 | 2 Bed Flat8, Lowestoft Mews, London, E16 2ST8, Lowestoft Mews, London, E16 2ST
- Sold Feb 2024£295,000 | 2 Bed FlatFlat 7, The Renovation 4, Woolwich Manor Way, London, E16 2GEFlat 7, The Renovation 4, Woolwich Manor Way, London, E16 2GE
- Sold Jun 2023£200,000 | 2 Bed FlatFlat 1, The Renovation 4, Woolwich Manor Way, London, E16 2GEFlat 1, The Renovation 4, Woolwich Manor Way, London, E16 2GE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 88 addresses on Woolwich Manor Way, London, E16, Flat 4, The Renovation 4 comes out as the 52nd largest and the 79th most expensive in our analysis of the public data.
It is also £106k less expensive than the average property across the E16 district.
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Schools Nearby
- 1.1kmHeronsgate Primary School
- 1.3kmWinsor Primary School
- 1.4kmMulgrave Primary School
- 900mLondon Design and Engineering UTC
- 1.9kmKingsford Community School
- 1.9kmRoyal Greenwich Trust School
More reading links
Public Transport Nearby
From Flat 4, The Renovation 4, the nearest station is King George V, 500 metres away.
- 500mKing George V
- 900mWoolwich
- 900mWoolwich (Elizabeth line)
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.
