Flat 6, Shernwood House 2
Flat 6, Shernwood House 2
Description & Estimates
Flat 6, Shernwood House 2 is recorded publicly as a mid-century leasehold apartment across 688 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 6, Shernwood House 2 is £424,656 and its rental estimate is £1,835 per month, given the available information and assuming reasonable condition.
Shernwood House, Hermitage Walk is a residential building on Hermitage Walk, London, E18 and falls within the E18 postal district and the London Borough of Redbridge.
Our Data Sources
Flat 6, Shernwood House 2 has 21 entries in the Land Registry , most recently in June 2009 and a single entry in the EPC database dated March 2020.
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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 6, Shernwood House 2, we estimate a market value of £445,889 and a rental value of £1,926 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £394,930 and £1,706 per month respectively.
Recent Market Change
Over the last year, Flat 6, Shernwood House 2 has seen its estimated sale value move down by £4,211 (1.0%) and its estimated rental value increase by £79 per month (4.3%). This results in an estimated gross rental yield of 5.2%.
Energy Efficiency
Flat 6, Shernwood House 2 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Mar 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 6, Shernwood House 2 completed on 19th June 2009 at £229,995 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 70.3% over the period since June 2009.
- Sold Jun 2009£229,995
- Sold Dec 2002£189,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 6, Shernwood House 2 have sold within a radius of 480 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st November 2024, was Flat 5, Shernwood House 2, Hermitage Walk, London, E18 2DE, a leasehold flat which sold for £435,000.
Read more about house prices in E18.
- Sold Nov 2024£435,000 | 2 Bed FlatShernwood House 2, Hermitage WalkFlat 5, 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 Jun 2021£510,000 | 2 Bed FlatShernwood House 2, Hermitage WalkFlat 8, Shernwood House 2, Hermitage Walk, London, E18 2DE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 87 addresses on Hermitage Walk, London, E18, Flat 6, Shernwood House 2 comes out as the 79th largest and the 71st most expensive in our analysis of the public data.
It is also £175k less expensive than the average property across the E18 district.
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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
From Flat 6, Shernwood House 2, the nearest station is Snaresbrook, 400 metres away.
- 400mSnaresbrook
- 900mSouth Woodford
- 1.2kmWanstead
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
