Flat 42, Rayner Towers 2
Flat 42, Rayner Towers 2
Description & Estimates
Flat 42, Rayner Towers 2 is described in the public record as a mid-century apartment with 667 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 42, Rayner Towers 2 is £189,300 and its rental estimate is £995 per month, given the available information and assuming reasonable condition.
Rayner Towers, Albany Road is a residential building on Albany Road, London, E10 and falls within the E10 postal district and the London Borough of Waltham Forest.
Our Data Sources
Flat 42, Rayner Towers 2 has no records in the the Land Registry and a single entry in the EPC database dated February 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 42, Rayner Towers 2, we estimate a market value of £198,765 and a rental value of £1,044 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £176,049 and £925 per month respectively.
Recent Market Change
Over the last year, Flat 42, Rayner Towers 2 has seen its estimated sale value drop by £1,916 (1.0%) and its estimated rental value rise by £35 per month (3.5%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
Flat 42, Rayner Towers 2 has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Feb 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 42, Rayner Towers 2 have sold within a radius of 320 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th April 2020, was Flat 17, Rayner Towers 2, Albany Road, London, E10 7EJ, a leasehold flat which sold for £240,000.
Read more about house prices in E10.
- Sold Apr 2020£240,000 | 2 Bed FlatRayner Towers 2, Albany RoadFlat 17, Rayner Towers 2, Albany Road, London, E10 7EJ
- Sold May 2017£255,000 | 2 Bed FlatRayner Towers 2, Albany RoadFlat 13, Rayner Towers 2, Albany Road, London, E10 7EJ
- Sold May 2007£135,500 | 2 Bed FlatRayner Towers 2, Albany RoadFlat 41, Rayner Towers 2, Albany Road, London, E10 7EJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 150 addresses on Albany Road, London, E10, Flat 42, Rayner Towers 2 comes out as the 13th largest and the 115th most expensive in our analysis of the public data.
It is also £320k less expensive than the average property across the E10 district.
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Schools Nearby
- 300mThomas Gamuel Primary School
- 600mSt Joseph's Catholic Junior School
- 600mEdinburgh Primary School
- 700mKelmscott School
- 900mLammas School
- 1.4kmNorlington School and 6th Form
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Public Transport Nearby
From Flat 42, Rayner Towers 2, the nearest station is Leyton Midland Road, 900 metres away.
- 900mLeyton Midland Road
- 1.0kmWalthamstow Queen's Road
- 1.1kmWalthamstow Central
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
