Flat 4, Triathlon Point 1
Flat 4, Triathlon Point 1
Description & Estimates
Public records show Flat 4, Triathlon Point 1 to be a modern leasehold apartment with 538 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 4, Triathlon Point 1 has an estimated sale value of £455,735 and an estimated rental value of £2,524 per month, assuming reasonable condition and based on the information available.
The apartment sits within Triathlon Point, Madison Way, London, E20.
Madison Way, London, E20 lies in the borough of Newham, within the E20 postal district.
Our Data Sources
Flat 4, Triathlon Point 1 has a single entry in the Land Registry from February 2023 and a single entry in the EPC database dated October 2021.
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
In very good condition, we estimate Flat 4, Triathlon Point 1 would be worth £478,522, with a potential rental value of £2,650 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £423,833, with a rental value of £2,347 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 4, Triathlon Point 1 has decreased by £5,785 (1.3%) over the last year. During the same period, its estimated monthly rental value has grown by £111 (4.4%). The property's estimated gross yield is currently 6.6%.
Energy Efficiency
Flat 4, Triathlon Point 1 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Oct 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
Flat 4, Triathlon Point 1 last changed hands on 3rd February 2023, selling for £470,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 26.5% since February 2023.
- Sold Feb 2023£470,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 260 metres of Flat 4, Triathlon Point 1 across the last 2 years.
Most recently, Flat 32, Triathlon Point 11, Madison Way, London, E20 1PD, a leasehold flat, sold at £470,000 on the 26th October 2022.
Read more about house prices in E20.
- Sold Oct 2022£470,000 | 2 Bed FlatTriathlon Point 11, Madison WayFlat 32, Triathlon Point 11, Madison Way, London, E20 1PD
- Sold Sep 2022£473,000 | 2 Bed FlatTriathlon Point 1, Madison WayFlat 10, Triathlon Point 1, Madison Way, London, E20 1PA
- Sold Jun 2022£475,000 | 2 Bed FlatTriathlon Point 1, Madison WayFlat 5, Triathlon Point 1, Madison Way, London, E20 1PA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 4, Triathlon Point 1 as the 59th largest and the 63rd most expensive of the 67 addresses on Madison Way, London, E20.
Against the E20 postcode district average, it is £17k more expensive than the typical property.
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Schools Nearby
- 700mMossbourne Riverside Academy
- 900mGainsborough Primary School
- 1.0kmColegrave Primary School
- 1.6kmSarah Bonnell School
- 1.7kmMulberry UTC
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Public Transport Nearby
Stratford International station is the nearest stop to Flat 4, Triathlon Point 1 at 400 metres away.
- 400mStratford International
- 1.0kmHackney Wick
- 1.0kmStratford (London)
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
