40 Alders Close, London, E11 3RZ is a leasehold flat built between 1983-1990. The property offers approximately 549 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £284,466 , which equates to approximately £518 per square foot. It was last sold on 18 Jul 2003 for £138,000. Since then, the value has increased by £146,466, representing a 106.1% increase, or approximately 4.7% per year.

The current estimated value of £284,466 is:

  • 24.8% lower than the average property price on Alders Close
  • 22.9% lower than the average in the E11 3RZ postcode area
  • and 67.5% lower than the average price for London as a whole

At the most recent EPC inspection on 29 March 2024, the property was recorded as rented.

View sold house prices in E11 3RZ

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
549 sq ft
Tenure
Leasehold
Price (estimate)
£284,466
Price Per sq ft (estimate)
£518
Bedroom Count (estimate)
1 bedroom

EPC Summary

40 Alders Close, London, Redbridge, Greater London, E11 3RZ has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 29 Mar 2024.

This property uses electric room heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 30 Oct 2012. The rating of D is unchanged, though the energy efficiency score decreased by 14.9%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from average to very poor.
  • The hot water energy efficiency changing from average to poor, while the system remained as electric immersion, off-peak.
  • The lighting was updated from low energy lighting in 43% of fixed outlets to low energy lighting in 71% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 71% of fixed outlets
Very Good

Compared to E11 3RZ

46 th / 67
Price Rank
23% lower than average
33 rd / 56
Size Rank
7% bigger than average
48 th / 56
Price Per Sq FT Rank
28% lower than average

Compared to other properties in E11 3RZ , this flat's estimated value ranks 46th out of 67. Based on price per square foot, it ranks 48th out of 56 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 33th out of 56 properties in its postcode area.

Sale History

Today
£284,466
streetscan.co.uk estimate
+106 %
18 Jul 2003
£138,000
Leasehold
+130 %
18 Jul 1997
£60,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 560 sq ft
sale price: £365,000
sale date: 28 Feb 2023
rooms: 3
size: 581 sq ft
sale price: £300,000
sale date: 5 Feb 2021
rooms: 3
size: 592 sq ft
sale price: £335,000
sale date: 15 Jan 2021
rooms: 3
size: 570 sq ft
sale price: £318,000
sale date: 30 Sep 2020
rooms: 3
size: 578 sq ft
sale price: £295,000
sale date: 29 May 2020

Data Sources

The property at 40 Alders Close, London, E11 3RZ appears two times in the Land Registry records, with the latest transaction recorded on 18 Jul 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 29 Mar 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.