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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 802, Avalon Point 1 is a modern leasehold apartment with 602 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 802, Avalon Point 1 is £450,647 and the estimated rental value is £2,228 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 802, Avalon Point 1 has a single entry in the Land Registry from September 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 802, Avalon Point 1 is in very good condition we estimate a sale value of £473,179 and a rental value of £2,339 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £419,102 and a rental value of £2,072 per month.
Over the last 12 months the sale value of Flat 802 Avalon Point 1 has decreased by an estimated £14,652 (3.3%) and its rental value has increased by an estimated £115 per month (5.2%), giving an expected gross yield of 5.9%.
Flat 802, 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 802, Avalon Point 1 was last sold on 28th September 2022 for £452,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2022, the market for similar properties has dropped 17.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 802, Avalon Point 1 within a radius of 320 metres over the last 2 years.
The most recent example is Flat 2002, Avalon Point 1, Silvocea Way, London, E14 0TZ, a leasehold flat which sold for £466,500 on the 24th 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 802, Avalon Point 1 is the 22nd largest and the 27th most expensive property on the street.
When compared to the postcode district it is £22k less 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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