238 Edinburgh House, Edinburgh Gate, Harlow, CM20 2TJ

UPRN:10033889603Purpose Built Flat1 bedsBuilt -

LeaseholdCouncil Tax: Band AEPC: E (53)

Data freshness:Listing· freshPlanning· 4mo agoEPC· 5mo agoRisk· 2y agoAmenities· 1mo agoArea· Census 2021

Valuation estimateUpdated yesterday

£205,000

Estimated value

Range: £195k - £215k|Last sold: £185k (2020-02-14)

Estimate of £205k for this purpose built flat. 189 sales in CM20 in the last 12 months; median £325k.

Estimate confidence

High confidence

Value History

Monthly AVM sale-value estimate

Current estimate

£205k

£195k - £215k - High confidence

Annualised (CAGR)

-1.11%

Over the full window

Peak estimate

£236k

Oct 2020

From peak

-13.14%

Drawdown from peak

AVM estimate (model)Repeat-sales index - CM20 district (quarterly)index YoY +1.16%

Growth by window

+2.50%

-8.48%

12m

-5.96%

24m

-7.24%

60m

-8.07%

Rental Market

Monthly

Estimated rent (pcm)

£1,300

/ month

Gross yield

8.00%

Rent ÷ asking price

Net yield

5.54%

Assumes ~31% running costs (not this property's)

Vacancy trend

12-month change

Market Metrics

6 live signals

Median Area Price

£325k

CM20 sales, last 12 months

12m Price Growth

+10.8%

CM20 median, Land Registry

Days on Market

95d

CM20 average

Sales & Yield

3 metrics

Transactions / 12m

189

CM20 sales

Area Gross Yield

8.40%

CM20 medians

Last Sold

£185k

2020-02-14

Investment Analysis

Buy-to-let cashflow + capital returns

25% deposit · IO

Purchase

Asking Price£195,000
SDLT standard£1,400
SDLT BTL surcharge (5%)£9,750
Legal, survey + broker (assumed)£2,100
RefurbishmentNot costed
Total Cost (excl. refurb)£208,250

Funding

Deposit (25%)£48,750
Mortgage (75% LTV)£146,250
Interest Rate (assumed)5.25%
Mortgage TypeInterest Only
Cash Required£62,000

Monthly Returns

Monthly Rent (estimate)£1,300
Mortgage Payment (IO)-£640
Management (10%)-£130
Insurance (assumed)-£40
Maintenance (assumed)-£60
Monthly Cashflow, before lease costs (not stated)+£430

Capital Returns

5yr Property Value£231,935
5yr Capital Gain (3.53% pa, historical)+£36,935
5yr Cumulative Rent (net, before lease costs)+£67,059
Less mortgage interest-£38,400
5yr Total Return (before lease costs)+£65,594

Modelled on the live asking price. Assumed, as in the PDF report: 25% deposit, 5.25% interest-only mortgage, management 10% of rent, insurance £40/mo, maintenance £60/mo, legal, survey and broker £2,100. Refurbishment, voids and letting fees are not costed. Service charge and ground rent are not stated, so cashflow and returns are before lease costs.

5-Year Projection

BTL · Interest Only

Year	Property Value	Equity	Cashflow (cumulative)	Total Return	ROI
Year 1	£201,883	£55,633	+£5,160	+£12,043	19.4%
Year 2	£209,010	£62,760	+£10,596	+£24,606	39.7%
Year 3	£216,388	£70,138	+£16,326	+£37,714	60.8%
Year 4	£224,027	£77,777	+£22,345	+£51,372	82.9%
Year 5	£231,935	£85,685	+£28,659	+£65,594	105.8%

Modelled on the live asking price. Capital growth 3.53% a year is the CM20 area's 5-year historical rate (Land Registry medians), not a forecast. Rent grows 2% a year (assumed); management is 10% of each year's rent. Mortgage held interest-only at 5.25% for 5 years. Refurbishment, voids and letting fees are not costed. Service charge and ground rent are not stated, so cashflow and returns are before lease costs. ROI is on cash required (£62,000).

Price Forecast

No forecast available.

Demand & Supply

Median earnings (local authority)

Signal

1,800

Population

Signal

2.8%

Households Deprived

Upside Opportunities

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