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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
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According to the public record, Flat 6, 59, Cleveland Road is a modern leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 6, 59, Cleveland Road is £558,401 and the estimated rental value is £2,397 per month.
The apartment is within 59, Cleveland Road, London, E18.
Cleveland Road, London, E18 is located in the borough of Redbridge within the E18 postal district.
Flat 6, 59, Cleveland Road has a single entry in the Land Registry from February 2009 and a single entry in the EPC database dated June 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 6, 59, Cleveland Road is in very good condition we estimate a sale value of £586,321 and a rental value of £2,517 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £519,313 and a rental value of £2,229 per month.
Over the last 12 months the sale value of Flat 6 59 Cleveland Road has increased by an estimated £9,391 (1.7%) and its rental value has increased by an estimated £109 per month (4.5%), giving an expected gross yield of 5.2%.
Flat 6, 59, Cleveland Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Jun 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 6, 59, Cleveland Road was last sold on 23rd February 2009 for £238,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2009, the market for similar properties has risen 65.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, 59, Cleveland Road within a radius of 400 metres over the last 2 years.
The most recent example is Flat 3, The Grange 57-59, Woodford Road, London, E18 2EY, a leasehold flat which sold for £495,000 on the 1st March 2021.
Read more about house prices in E18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cleveland Road, London, E18 has a total of 154 addresses. According to our analysis of all the public data, Flat 6, 59, Cleveland Road is the 67th largest and the 64th most expensive property on the street.
When compared to the postcode district it is £62k less expensive than the average property in E18.
The nearest school is Oakdale Infants' School which is 449 metres away. The nearest train station is South Woodford which is 200 metres away.
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