Flat 56, Granite Apartments 39
Flat 56, Granite Apartments 39
Description & Estimates
According to the public record, Flat 56, Granite Apartments 39 is a modern leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 56, Granite Apartments 39 is £250,452 and the estimated rental value is £1,632 per month.
The apartment is within Granite Apartments, Windmill Lane, London, E15.
Windmill Lane, London, E15 is located in the borough of Newham within the E15 postal district.
Our Data Sources
Flat 56, Granite Apartments 39 has 41 entries in the Land Registry , most recently in January 2021 and a single entry in the EPC database dated September 2020.
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 56, Granite Apartments 39 is in very good condition we estimate a sale value of £262,975 and a rental value of £1,714 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £232,920 and a rental value of £1,518 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 56, Granite Apartments 39 has fallen by £5,948 (2.4%), while its estimated rental value has moved up by £52 per month (3.2%). Based on current estimates, the property offers a gross rental yield of 7.8%.
Energy Efficiency
Flat 56, Granite Apartments 39 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Sep 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Flat 56, Granite Apartments 39 was last sold on 29th January 2021 for £287,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since January 2021, the market for similar properties has risen by 4.2%.
- Sold Jan 2021£287,000
- Sold Jul 2016£292,000
- Sold Oct 2005£185,000
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 56, Granite Apartments 39 within a radius of 310 metres over the last 2 years.
The most recent example is Flat 17, Granite Apartments 39, Windmill Lane, London, E15 1PX, a leasehold flat which sold for £240,000 on the 9th February 2024.
Read more about house prices in E15.
- Sold Feb 2024£240,000 | 1 Bed FlatGranite Apartments 39, Windmill LaneFlat 17, Granite Apartments 39, Windmill Lane, London, E15 1PX
- Sold Jan 2024£265,000 | 1 Bed FlatGranite Apartments 39, Windmill LaneFlat 21, Granite Apartments 39, Windmill Lane, London, E15 1PX
- Sold Jan 2024£254,300 | 1 Bed FlatGranite Apartments 39, Windmill LaneFlat 68, Granite Apartments 39, Windmill Lane, London, E15 1PY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Windmill Lane, London, E15 has a total of 185 addresses. According to our analysis of all the public data, Flat 56, Granite Apartments 39 is the 182nd largest and the 174th most expensive property on the street.
When compared to the postcode district it is £189k less expensive than the average property in E15.
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Schools Nearby
- 300mColegrave Primary School
- 400mSt Francis' Catholic Primary School
- 600mMaryland Primary School
- 400mSarah Bonnell School
- 1.5kmForest Gate Community School
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Public Transport Nearby
The closest station to Flat 56, Granite Apartments 39 is Maryland station, which is 200 metres away.
- 200mMaryland
- 500mStratford
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
