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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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Flat 40, Verna House 24 is recorded publicly as a modern leasehold apartment across 548 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 40, Verna House 24 is £434,578 and its rental estimate is £2,464 per month, given the available information and assuming reasonable condition.
Verna House, Sunrise Close is a residential building on Sunrise Close, London, E20 and falls within the E20 postal district and the London Borough of Newham.
Flat 40, Verna House 24 has a single entry in the Land Registry from September 2017 and a single entry in the EPC database dated March 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
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 40, Verna House 24, we estimate a market value of £456,307 and a rental value of £2,587 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £404,157 and £2,291 per month respectively.
Over the last year, Flat 40, Verna House 24 has seen its estimated sale value move down by £5,517 (1.3%) and its estimated rental value increase by £108 per month (4.4%). This results in an estimated gross rental yield of 6.8%.
Flat 40, Verna House 24 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Mar 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
The most recent sale of Flat 40, Verna House 24 completed on 8th September 2017 at £255,780 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 dropped by 27.4% over the period since September 2017.
Over the past 2 years 3 properties similar to Flat 40, Verna House 24 have sold within a radius of 230 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th March 2024, was Flat 18, Verna House 24, Sunrise Close, London, E20 1DS, a leasehold flat which sold for £535,000.
Read more about house prices in E20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 135 addresses on Sunrise Close, London, E20, Flat 40, Verna House 24 comes out as the 132nd largest and the 74th most expensive in our analysis of the public data.
It is also £4k less expensive than the average property across the E20 district.
From Flat 40, Verna House 24, the nearest station is Stratford International, 400 metres away.
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
The flood risk here is rated low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 40, Verna House 24, % of property is and % is .
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 40, Verna House 24, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 40, Verna House 24, 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 40, Verna House 24, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
