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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
According to the public record, Flat 49, Abram Building 7 is a modern leasehold apartment with 807 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 49, Abram Building 7 is £548,501 and the estimated rental value is £2,812 per month.
The apartment is within Abram Building, Riverscape Walk, London, E16.
Riverscape Walk, London, E16 is located in the borough of Newham within the E16 postal district.
Flat 49, Abram Building 7 has a single entry in the Land Registry from December 2023 and a single entry in the EPC database dated November 2023.
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.
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 49, Abram Building 7 is in very good condition we estimate a sale value of £575,926 and a rental value of £2,953 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £510,106 and a rental value of £2,616 per month.
Over the last 12 months the sale value of Flat 49 Abram Building 7 has decreased by an estimated £19,802 (3.6%) and its rental value has increased by an estimated £131 per month (4.6%), giving an expected gross yield of 6.2%.
Flat 49, Abram Building 7 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Nov 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, Flat 49, Abram Building 7 was last sold on 21st December 2023 for £623,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2023, 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 49, Abram Building 7 within a radius of 260 metres over the last 2 years.
The most recent example is Flat 13, Abram Building 7, Riverscape Walk, London, E16 2RA, a leasehold flat which sold for £585,000 on the 8th February 2024.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Riverscape Walk, London, E16 has a total of 186 addresses. According to our analysis of all the public data, Flat 49, Abram Building 7 is the 86th largest and the 91st most expensive property on the street.
When compared to the postcode district it is £166k more expensive than the average property in E16.
The nearest school is Royal Wharf Primary School which is 200 metres away. The nearest train station is West Silvertown which is 400 metres away.
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