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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 7, The Griffin 3 is a modern leasehold apartment with 828 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 7, The Griffin 3 is £336,755 and the estimated rental value is £2,132 per month.
The apartment is within The Griffin, Wattsdown Close, London, E13.
Wattsdown Close, London, E13 is located in the borough of Newham within the E13 postal district.
Flat 7, The Griffin 3 has a single entry in the Land Registry from January 2014 and a single entry in the EPC database dated May 2023.
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.
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 7, The Griffin 3 is in very good condition we estimate a sale value of £353,592 and a rental value of £2,238 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £313,182 and a rental value of £1,983 per month.
Over the last 12 months the sale value of Flat 7 The Griffin 3 has decreased by an estimated £13,098 (3.9%) and its rental value has increased by an estimated £100 per month (4.7%), giving an expected gross yield of 7.6%.
Flat 7, The Griffin 3 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 May 2023.
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 7, The Griffin 3 was last sold on 24th January 2014 for £230,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2014, the market for similar properties has risen 61.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, The Griffin 3 within a radius of 300 metres over the last 2 years.
The most recent example is Flat 32, New Willow House 210, Plaistow Road, London, E13 0AL, a leasehold flat which sold for £450,000 on the 7th December 2023.
Read more about house prices in E13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wattsdown Close, London, E13 has a total of 38 addresses. According to our analysis of all the public data, Flat 7, The Griffin 3 is the 13th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £29k less expensive than the average property in E13.
The closest station to Flat 7, The Griffin 3 is Plaistow station which is 300 metres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 7, The Griffin 3, 53.3% of property is socially rented and 22.9% is shared ownership.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 7, The Griffin 3, 26.6% of residents are recorded as possessing school level qualifications and 44.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 7, The Griffin 3, the average age was 35.1 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 7, The Griffin 3, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 7, The Griffin 3, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
