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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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According to the public record, Flat 41, Rye Mansions 23 is a modern leasehold apartment with 688 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 41, Rye Mansions 23 is £313,568 and the estimated rental value is £2,011 per month.
The apartment is within Rye Mansions, Napa Close, London, E20.
Napa Close, London, E20 is located in the borough of Newham within the E20 postal district.
Flat 41, Rye Mansions 23 has a single entry in the Land Registry from August 2022 and a single entry in the EPC database dated May 2022.
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.
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 41, Rye Mansions 23 is in very good condition we estimate a sale value of £329,246 and a rental value of £2,111 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £291,618 and a rental value of £1,870 per month.
Over the last 12 months the sale value of Flat 41 Rye Mansions 23 has decreased by an estimated £5,856 (1.9%) and its rental value has increased by an estimated £99 per month (4.9%), giving an expected gross yield of 7.7%.
Flat 41, Rye Mansions 23 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 May 2022.
The property is connected to mains gas and has fully triple glazed windows. It is heated using Community scheme.
According to HM Land Registry, Flat 41, Rye Mansions 23 was last sold on 24th August 2022 for £327,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2022, the market for similar properties has dropped 27.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 41, Rye Mansions 23 within a radius of 210 metres over the last 2 years.
The most recent example is Flat 10, Buchan House 8, Derny Avenue, London, E20 1LJ, a leasehold flat which sold for £532,000 on the 23rd December 2021.
Read more about house prices in E20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Napa Close, London, E20 has a total of 179 addresses. According to our analysis of all the public data, Flat 41, Rye Mansions 23 is the 105th largest and the 95th most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in E20.
The nearest school is Colegrave Primary School which is 830 metres away. The nearest train station is Stratford International which is 400 metres away.
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