Flat 5, Triathlon Point 1
Flat 5, Triathlon Point 1
Description & Estimates
According to the public record, Flat 5, Triathlon Point 1 is a modern leasehold apartment with 538 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 5, Triathlon Point 1 is £455,735 and the estimated rental value is £2,524 per month.
The apartment is within Triathlon Point, Madison Way, London, E20.
Madison Way, London, E20 is located in the borough of Newham within the E20 postal district.
Our Data Sources
Flat 5, Triathlon Point 1 has a single entry in the Land Registry from June 2022 and a single entry in the EPC database dated October 2021.
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.
Price Range & Condition
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 5, Triathlon Point 1 is in very good condition we estimate a sale value of £478,522 and a rental value of £2,650 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £423,833 and a rental value of £2,347 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 5, Triathlon Point 1 has decreased by £5,785 (1.3%), while its estimated rental value has grown by £111 per month (4.4%). Based on current estimates, the property offers a gross rental yield of 6.6%.
Energy Efficiency
Flat 5, Triathlon Point 1 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Oct 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
According to HM Land Registry, Flat 5, Triathlon Point 1 was last sold on 30th June 2022 for £475,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2022, the market for similar properties has dropped by 26.7%.
- Sold Jun 2022£475,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Triathlon Point 1 within a radius of 260 metres over the last 2 years.
The most recent example is Flat 4, Triathlon Point 1, Madison Way, London, E20 1PA, a leasehold flat which sold for £470,000 on the 3rd February 2023.
Read more about house prices in E20.
- Sold Feb 2023£470,000 | 2 Bed FlatTriathlon Point 1, Madison WayFlat 4, Triathlon Point 1, Madison Way, London, E20 1PA
- Sold Oct 2022£470,000 | 2 Bed FlatTriathlon Point 11, Madison WayFlat 32, Triathlon Point 11, Madison Way, London, E20 1PD
- Sold Sep 2022£473,000 | 2 Bed FlatTriathlon Point 1, Madison WayFlat 10, Triathlon Point 1, Madison Way, London, E20 1PA
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Madison Way, London, E20 has a total of 67 addresses. According to our analysis of all the public data, Flat 5, Triathlon Point 1 is the 58th largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £17k more expensive than the average property in E20.
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Schools Nearby
- 700mMossbourne Riverside Academy
- 900mGainsborough Primary School
- 1.0kmColegrave Primary School
- 1.6kmSarah Bonnell School
- 1.7kmMulberry UTC
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Public Transport Nearby
The closest station to Flat 5, Triathlon Point 1 is Stratford International station, which is 400 metres away.
- 400mStratford International
- 1.0kmHackney Wick
- 1.0kmStratford (London)
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
