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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 A, 53, Michael Road is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 553 ft2 of internal area and a garden.
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 A, 53, Michael Road is £457,811 and the estimated rental value is £1,929 per month.
The apartment is within 53, Michael Road, London, E11.
Michael Road, London, E11 is located in the borough of Waltham Forest within the E11 postal district.
Flat A, 53, Michael Road has 4 entries in the Land Registry , most recently in April 2024 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 A, 53, Michael Road is in very good condition we estimate a sale value of £480,701 and a rental value of £2,025 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £425,764 and a rental value of £1,794 per month.
Over the last 12 months the sale value of Flat A 53 Michael Road has increased by an estimated £425 (0.1%) and its rental value has increased by an estimated £57 per month (2.9%), giving an expected gross yield of 5.1%.
According to HM Land Registry, Flat A, 53, Michael Road was last sold on 16th April 2024 for £350,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since April 2024, the market for similar properties has risen 6.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat A, 53, Michael Road within a radius of 370 metres over the last 2 years.
The most recent example is 5, Manderley Mews, London, E11 3FH, a leasehold flat which sold for £365,000 on the 12th April 2021.
Read more about house prices in E11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Michael Road, London, E11 has a total of 71 addresses. According to our analysis of all the public data, Flat A, 53, Michael Road is the 65th largest and the 55th most expensive property on the street.
When compared to the postcode district it is £161k less expensive than the average property in E11.
The closest station to Flat A, 53, Michael Road is Leytonstone High Road station which is 400 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat A, 53, Michael Road, 38.1% of property is privately owned with a mortgage and 27.0% is privately owned outright.
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 A, 53, Michael Road, 16.5% of residents are recorded as possessing school level qualifications and 52.0% 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 A, 53, Michael Road, the average age was 35.6 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 A, 53, Michael Road, 1.2% 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 A, 53, Michael Road, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
