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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 8, 1, Wray Avenue is a modern leasehold apartment with 925 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 8, 1, Wray Avenue is £491,701 and the estimated rental value is £2,943 per month.
The apartment is within 1, Wray Avenue, London, E16.
Wray Avenue, London, E16 is located in the borough of Newham within the E16 postal district.
Flat 8, 1, Wray Avenue has a single entry in the Land Registry from May 2023 and a single entry in the EPC database dated January 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 8, 1, Wray Avenue is in very good condition we estimate a sale value of £516,286 and a rental value of £3,090 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £457,281 and a rental value of £2,737 per month.
Over the last 12 months the sale value of Flat 8 1 Wray Avenue has decreased by an estimated £15,339 (3.1%) and its rental value has increased by an estimated £144 per month (4.9%), giving an expected gross yield of 7.2%.
Flat 8, 1, Wray Avenue has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Jan 2022.
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 8, 1, Wray Avenue was last sold on 12th May 2023 for £267,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2023, the market for similar properties has dropped 14.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, 1, Wray Avenue within a radius of 530 metres over the last 2 years.
The most recent example is Flat 15, 1, Wray Avenue, London, E16 2ZQ, a leasehold flat which sold for £134,125 on the 17th October 2022.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wray Avenue, London, E16 has a total of 124 addresses. According to our analysis of all the public data, Flat 8, 1, Wray Avenue is the 11th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £110k more expensive than the average property in E16.
The nearest school is Drew Primary School which is 500 metres away. The nearest train station is Pontoon Dock which is 500 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.
