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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
According to the public record, Flat 702, Avalon Point 1 is a modern leasehold apartment with 818 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 702, Avalon Point 1 is £550,012 and the estimated rental value is £2,714 per month.
The apartment is within Avalon Point, Silvocea Way, London, E14.
Silvocea Way, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 702, Avalon Point 1 has a single entry in the Land Registry from August 2022 and a single entry in the EPC database dated August 2021.
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 702, Avalon Point 1 is in very good condition we estimate a sale value of £577,513 and a rental value of £2,849 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £511,511 and a rental value of £2,524 per month.
Over the last 12 months the sale value of Flat 702 Avalon Point 1 has decreased by an estimated £17,883 (3.3%) and its rental value has increased by an estimated £140 per month (5.2%), giving an expected gross yield of 5.9%.
Flat 702, Avalon Point 1 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Aug 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, Flat 702, Avalon Point 1 was last sold on 19th August 2022 for £600,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2022, the market for similar properties has dropped 17.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 702, Avalon Point 1 within a radius of 320 metres over the last 2 years.
The most recent example is Flat 1502, Avalon Point 1, Silvocea Way, London, E14 0TZ, a leasehold flat which sold for £600,000 on the 9th January 2023.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Silvocea Way, London, E14 has a total of 161 addresses. According to our analysis of all the public data, Flat 702, Avalon Point 1 is the 13th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £78k more expensive than the average property in E14.
The nearest school is Culloden Primary - A Paradigm Academy which is 610 metres away. The nearest train station is East India which is 400 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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