According to the public record, 121, Clarence Road, London is a modern freehold house with 796 ft2 of internal area and sits on a 112 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Clarence Road, London, E12 is located in the borough of Newham within the E12 postal district.
121, Clarence Road, London has a single entry in the Land Registry database from June 2021 and a single entry in the EPC database dated February 2020.
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 121 Clarence Road London as £379,613 and the rental value as £2,127 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 121 Clarence Road London has increased by £7,302 (1.9%) and its rental value has increased by £72 per month (3.4%).
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 121, Clarence Road, London is in very good condition we estimate a sale value of £398,593 and rental value of £2,234 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £353,040 and a rental value of £1,978 per month.
If you were able to purchase this property for the estimated value of £379,613, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,866 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 data from HM Land Registry, 121, Clarence Road, London sits on a plot of 112m2.
We have plot size data on 40 out of 56 other houses in the postcode and 121, Clarence Road, London sits on the 12th largest plot.
According to HM Land Registry, 121, Clarence Road, London was last sold on 23 Jun 2021 for £400,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2021, the market for similar properties has risen 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 121, Clarence Road, London within a radius of 450 metres over the last 2 years.
The most recent example is 75, Clarence Road, London, E12 5BH, a Freehold house which sold for £315,000 in Nov 2016.
Read more about house prices in E12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Clarence Road, London, E12 has a total of 152 addresses. According to our analysis of all the public data, 121, Clarence Road, London is the 50th largest and the 82nd most expensive property on the street.
When compared to the postcode district it is £45k less expensive than the average property in E12.
121, Clarence Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Feb 2020.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 121, Clarence Road, London is Woodgrange Park 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 121, Clarence Road, London, 30.0% of property is privately rented and 24.3% is socially 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 121, Clarence Road, London, 21.6% of residents are recorded as possessing school level qualifications and 42.5% 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 121, Clarence Road, London, the average age was 33.8 and the most common age was 37.
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 121, Clarence Road, London, 1.9% 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 121, Clarence Road, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.