Flat 5, Shernwood House 2
Flat 5, Shernwood House 2
Description & Estimates
Public records show Flat 5, Shernwood House 2 to be a mid-century leasehold apartment with 775 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 5, Shernwood House 2 has an estimated sale value of £458,202 and an estimated rental value of £1,951 per month, assuming reasonable condition and based on the information available.
The apartment sits within Shernwood House, Hermitage Walk, London, E18.
Hermitage Walk, London, E18 lies in the borough of Redbridge, within the E18 postal district.
Our Data Sources
Flat 5, Shernwood House 2 has a single entry in the Land Registry from November 2024 and a single entry in the EPC database dated December 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 5, Shernwood House 2 would be worth £481,112, with a potential rental value of £2,049 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £426,128, with a rental value of £1,815 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 5, Shernwood House 2 has moved down by £4,543 (1.0%) over the last year. During the same period, its estimated monthly rental value has increased by £85 (4.3%). The property's estimated gross yield is currently 5.1%.
Energy Efficiency
Flat 5, Shernwood House 2 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Dec 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 5, Shernwood House 2 last changed hands on 21st November 2024, selling for £435,000. 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 5.0% since November 2024.
- Sold Nov 2024£435,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 480 metres of Flat 5, Shernwood House 2 across the last 2 years.
Most recently, Flat 7, Shernwood House 2, Hermitage Walk, London, E18 2DE, a leasehold flat, sold at £515,000 on the 25th November 2024.
Read more about house prices in E18.
- Sold Nov 2024£515,000 | 3 Bed FlatShernwood House 2, Hermitage WalkFlat 7, Shernwood House 2, Hermitage Walk, London, E18 2DE
- Sold Aug 2024£485,000 | 2 Bed FlatOrwell Lodge 4, Hermitage WalkFlat 9, Orwell Lodge 4, Hermitage Walk, London, E18 2DF
- Sold Jul 2024£440,000 | 2 Bed FlatGowan Lea 15, Woodford RoadFlat 10, Gowan Lea 15, Woodford Road, London, E18 2ER
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 5, Shernwood House 2 as the 63rd largest and the 52nd most expensive of the 87 addresses on Hermitage Walk, London, E18.
Against the E18 postcode district average, it is £142k less expensive than the typical property.
More reading links
Schools Nearby
- 300mSnaresbrook Primary School
- 800mWanstead Church School
- 1.0kmNightingale Primary School
- 1.4kmLeytonstone School
- 1.5kmWanstead High School
- 1.9kmFrederick Bremer School
More reading links
Public Transport Nearby
Snaresbrook station is the nearest stop to Flat 5, Shernwood House 2 at 400 metres away.
- 400mSnaresbrook
- 900mSouth Woodford
- 1.2kmWanstead
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
