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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, Twelve Acre House is a mid-century leasehold apartment with 645 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 7, Twelve Acre House is £193,118 and the estimated rental value is £1,308 per month.
The apartment is within Twelve Acre House, Grantham Road, London, E12.
Grantham Road, London, E12 is located in the borough of Newham within the E12 postal district.
Flat 7, Twelve Acre House has 2 entries in the Land Registry , most recently in March 2016 and a single entry in the EPC database dated October 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 7, Twelve Acre House is in very good condition we estimate a sale value of £202,774 and a rental value of £1,373 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £179,600 and a rental value of £1,216 per month.
Over the last 12 months the sale value of Flat 7 Twelve Acre House has decreased by an estimated £1,185 (0.6%) and its rental value has increased by an estimated £43 per month (3.3%), giving an expected gross yield of 8.1%.
Flat 7, Twelve Acre House has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Oct 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 7, Twelve Acre House was last sold on 17th March 2016 for £165,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2016, the market for similar properties has risen 54.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Twelve Acre House within a radius of 330 metres over the last 2 years.
The most recent example is Flat 15, Arthur Walls House, Grantham Road, London, E12 5RW, a leasehold flat which sold for £155,000 on the 6th May 2016.
Read more about house prices in E12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grantham Road, London, E12 has a total of 608 addresses. According to our analysis of all the public data, Flat 7, Twelve Acre House is the 372nd largest and the 532nd most expensive property on the street.
When compared to the postcode district it is £243k less expensive than the average property in E12.
The closest station to Flat 7, Twelve Acre House is Ilford station which is 500 metres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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, Twelve Acre House, 69.0% of property is socially rented and 13.4% is privately owned with a mortgage.
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, Twelve Acre House, 35.7% of residents are recorded as possessing school level qualifications and 30.4% 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, Twelve Acre House, the average age was 32 and the most common age was 12.
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, Twelve Acre House, 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, Twelve Acre House, 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.
