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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, The Formation 6 is a early-century apartment with 710 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, The Formation 6 is £314,885 and the estimated rental value is £1,950 per month.
The apartment is within The Formation, Woolwich Manor Way, London, E16.
Woolwich Manor Way, London, E16 is located in the borough of Newham within the E16 postal district.
Flat 6, The Formation 6 has no recent1 records in the the Land Registry and a single entry in the EPC database dated June 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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, The Formation 6 is in very good condition we estimate a sale value of £330,629 and a rental value of £2,048 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £292,843 and a rental value of £1,814 per month.
Over the last 12 months the sale value of Flat 6 The Formation 6 has decreased by an estimated £9,998 (3.2%) and its rental value has increased by an estimated £88 per month (4.5%), giving an expected gross yield of 7.4%.
Flat 6, The Formation 6 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jun 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters, Electric storage heaters.
According to HM Land Registry, Flat 6, The Formation 6 was last sold on 11th January 2002 for £182,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, The Formation 6 within a radius of 610 metres over the last 2 years.
The most recent example is Flat 4, The Formation 6, Woolwich Manor Way, London, E16 2GF, a leasehold flat which sold for £305,000 on the 3rd January 2025.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Woolwich Manor Way, London, E16 has a total of 88 addresses. According to our analysis of all the public data, Flat 6, The Formation 6 is the 39th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £67k less expensive than the average property in E16.
The nearest school is London Design and Engineering UTC which is 900 metres away. The nearest train station is King George V which is 500 metres away.
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