According to the public record, 12, Richard House Drive, London is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 753 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Richard House Drive, London, E16 is located in the borough of Newham within the E16 postal district.
12, Richard House Drive, London has 21 entries in the Land Registry database, most recently in October 2006 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 12 Richard House Drive London as £418,963 and the rental value as £2,207 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 12 Richard House Drive London has increased by £9,904 (2.4%) and its rental value has increased by £125 per month (5.7%).
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 12, Richard House Drive, London is in very good condition we estimate a sale value of £439,912 and rental value of £2,317 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £389,636 and a rental value of £2,052 per month.
If you were able to purchase this property for the estimated value of £418,963, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,059 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, 12, Richard House Drive, London was last sold on 13 Oct 2006 for £245,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Richard House Drive, London within a radius of 620 metres over the last 2 years.
The most recent example is 29, Richard House Drive, London, E16 3RE, a Freehold house which sold for £425,000 in Feb 2024.
Read more about house prices in E16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Richard House Drive, London, E16 has a total of 80 addresses. According to our analysis of all the public data, 12, Richard House Drive, London is the 22nd largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £31k more expensive than the average property in E16.
The closest station to 12, Richard House Drive, London is Royal Albert station which is 300 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 12, Richard House Drive, London, 53.2% of property is privately rented and 18.0% is privately owned with a mortgage.
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 12, Richard House Drive, London, 26.1% of residents are recorded as possessing school level qualifications and 39.1% 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 12, Richard House Drive, London, the average age was 34.8 and the most common age was 42.
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 12, Richard House Drive, London, 0.3% 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 12, Richard House Drive, London, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.