According to the public record, 1, Murdock Close, London is a mid-century leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Murdock Close, London, E16 is located in the borough of Newham within the E16 postal district.
1, Murdock Close, London has a single entry in the Land Registry database from December 2018 and a single entry in the EPC database dated June 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Murdock Close London as £319,132 and the rental value as £1,680 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 1 Murdock Close London has increased by £8,179 (2.6%) and its rental value has increased by £100 per month (5.9%).
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 1, Murdock Close, London is in very good condition we estimate a sale value of £335,088 and rental value of £1,764 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £296,792 and a rental value of £1,562 per month.
If you were able to purchase this property for the estimated value of £319,132, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,568 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1, Murdock Close, London was last sold on 07 Dec 2018 for £315,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2018, the market for similar properties has risen 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Murdock Close, London within a radius of 320 metres over the last 2 years.
The most recent example is 27, Killip Close, London, E16 1LX, a Leasehold flat which sold for £317,000 in Nov 2023.
Read more about house prices in E16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Murdock Close, London, E16 has a total of 6 addresses. According to our analysis of all the public data, 1, Murdock Close, London is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £69k less expensive than the average property in E16.
1, Murdock Close, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jun 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Murdock Close, London is Royal Victoria station which is 600 metres away.
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 1, Murdock Close, London, 63.9% of property is socially rented and 17.6% is privately 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 1, Murdock Close, London, 29.1% of residents are recorded as possessing school level qualifications and 32.7% 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 1, Murdock Close, London, the average age was 33.3 and the most common age was 27.
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 1, Murdock Close, London, 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 1, Murdock Close, London, 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.