Flat 64, Edge Apartments 1
Flat 64, Edge Apartments 1
Description & Estimates
Flat 64, Edge Apartments 1 is recorded publicly as a modern leasehold apartment across 1,593 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 64, Edge Apartments 1 is £769,667 and its rental estimate is £4,096 per month, given the available information and assuming reasonable condition.
Edge Apartments, Lett Road is a residential building on Lett Road, London, E15 and falls within the E15 postal district and the London Borough of Newham.
Our Data Sources
Flat 64, Edge Apartments 1 has a single entry in the Land Registry from November 2011 and a single entry in the EPC database dated July 2020.
We combine this information with that 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.
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 64, Edge Apartments 1, we estimate a market value of £808,151 and a rental value of £4,301 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £715,791 and £3,809 per month respectively.
Recent Market Change
Over the last year, Flat 64, Edge Apartments 1 has seen its estimated sale value decline by £445 (0.1%) and its estimated rental value climb by £217 per month (5.3%). This results in an estimated gross rental yield of 6.4%.
Energy Efficiency
Flat 64, Edge Apartments 1 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jul 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
The most recent sale of Flat 64, Edge Apartments 1 completed on 4th November 2011 at £550,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 41.3% over the period since November 2011.
- Sold Nov 2011£550,000
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to Flat 64, Edge Apartments 1 has sold within a radius of 320 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd July 2020, was 104, Atelier Point 32, Jupp Road West, London, E15 2EX, a leasehold flat which sold for £600,000.
Read more about house prices in E15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 235 addresses on Lett Road, London, E15, Flat 64, Edge Apartments 1 comes out as the largest and the 2nd most expensive in our analysis of the public data.
It is also £331k more expensive than the average property across the E15 district.
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Schools Nearby
- 300mCarpenters Primary School
- 900mSchool 360
- 900mWest Ham Church Primary School
- 900mSarah Bonnell School
- 1.3kmHarris Science Academy East London
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Public Transport Nearby
From Flat 64, Edge Apartments 1, the nearest station is Stratford High Street, 200 metres away.
- 200mStratford High Street
- 300mStratford (London)
- 400mStratford
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
