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Company No. 11113204
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According to the public record, Flat 75, 5, Newport Avenue is a modern leasehold apartment with 764 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 75, 5, Newport Avenue is £323,233 and the estimated rental value is £1,889 per month.
The apartment is within 5, Newport Avenue, London, E14.
Newport Avenue, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 75, 5, Newport Avenue has a single entry in the Land Registry from July 2019 and a single entry in the EPC database dated May 2018.
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 75, 5, Newport Avenue is in very good condition we estimate a sale value of £339,395 and a rental value of £1,983 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £300,607 and a rental value of £1,757 per month.
Over the last 12 months the sale value of Flat 75 5 Newport Avenue has decreased by an estimated £12,960 (4.0%) and its rental value has increased by an estimated £84 per month (4.4%), giving an expected gross yield of 7%.
Flat 75, 5, Newport Avenue has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 May 2018.
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 75, 5, Newport Avenue was last sold on 12th July 2019 for £406,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2019, the market for similar properties has dropped 10.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 75, 5, Newport Avenue within a radius of 360 metres over the last 2 years.
The most recent example is Flat 107, 5, Newport Avenue, London, E14 2EB, a leasehold flat which sold for £520,000 on the 4th December 2020.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newport Avenue, London, E14 has a total of 544 addresses. According to our analysis of all the public data, Flat 75, 5, Newport Avenue is the 216th largest and the 383rd most expensive property on the street.
When compared to the postcode district it is £152k less expensive than the average property in E14.
The nearest school is Woolmore Primary School which is 500 metres away. The nearest train station is East India which is 100 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.
