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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, Matrix House 566A is a modern apartment with 688 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 8, Matrix House 566A is £402,586 and the estimated rental value is £1,918 per month.
The apartment is within Matrix House, Romford Road, London, E12.
Romford Road, London, E12 is located in the borough of Newham within the E12 postal district.
Flat 8, Matrix House 566A has no records in the the Land Registry and a single entry in the EPC database dated September 2017.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Matrix House 566A is in very good condition we estimate a sale value of £422,715 and a rental value of £2,014 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £374,405 and a rental value of £1,783 per month.
Over the last 12 months the sale value of Flat 8 Matrix House 566A has decreased by an estimated £2,471 (0.6%) and its rental value has increased by an estimated £63 per month (3.3%), giving an expected gross yield of 5.7%.
Flat 8, Matrix House 566A has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Sep 2017.
The property is connected to mains gas and has fully triple glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Matrix House 566A within a radius of 390 metres over the last 2 years.
The most recent example is Flat 5, Star House 30, Snowshill Road, London, E12 6BF, a leasehold flat which sold for £210,000 on the 1st February 2022.
Read more about house prices in E12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Romford Road, London, E12 has a total of 519 addresses. According to our analysis of all the public data, Flat 8, Matrix House 566A is the 174th largest and the 59th most expensive property on the street.
When compared to the postcode district it is £33k less expensive than the average property in E12.
The closest station to Flat 8, Matrix House 566A is Woodgrange Park station which is 100 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 8, Matrix House 566A, 60.7% of property is privately rented and 25.2% is socially rented.
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 8, Matrix House 566A, 28.1% of residents are recorded as possessing school level qualifications and 32.9% 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 8, Matrix House 566A, the average age was 32.7 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 8, Matrix House 566A, 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 8, Matrix House 566A, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
