According to the public record, 13, Otter Close, London is a mid-century leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Otter Close, London, E15 is located in the borough of Newham within the E15 postal district.
13, Otter Close, London has 31 entries in the Land Registry database, most recently in February 2014 and a single entry in the EPC database dated April 2024.
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 13 Otter Close London as £305,751 and the rental value as £1,979 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of 13 Otter Close London has increased by £7,809 (2.6%) and its rental value has increased by £95 per month (4.8%).
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 13, Otter Close, London is in very good condition we estimate a sale value of £321,039 and rental value of £2,078 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £284,349 and a rental value of £1,840 per month.
If you were able to purchase this property for the estimated value of £305,751, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,503 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, 13, Otter Close, London was last sold on 05 Feb 2014 for £193,250 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2014, the market for similar properties has risen 41.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 13, Otter Close, London within a radius of 320 metres over the last 2 years.
The most recent example is 18, River Heights 90, High Street, London, E15 2FA, a Leasehold flat which sold for £330,000 in Dec 2022.
Read more about house prices in E15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Otter Close, London, E15 has a total of 124 addresses. According to our analysis of all the public data, 13, Otter Close, London is the 107th largest and the 109th most expensive property on the street.
When compared to the postcode district it is £134k less expensive than the average property in E15.
13, Otter Close, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Apr 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 13, Otter Close, London is Pudding Mill Lane station which is 200 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 13, Otter Close, London, 42.3% of property is privately rented and 21.8% 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 13, Otter Close, London, 32.9% of residents are recorded as possessing school level qualifications and 37.8% 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 13, Otter Close, London, the average age was 33.6 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 13, Otter 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 13, Otter Close, 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.