According to the public record, 131, Memorial Avenue, London is a mid-century leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Memorial Avenue, London, E15 is located in the borough of Newham within the E15 postal district.
131, Memorial Avenue, London has a single entry in the Land Registry database from March 2016 and a single entry in the EPC database dated May 2019.
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 131 Memorial Avenue London as £242,302 and the rental value as £1,639 per month giving an expected gross yield of 8.1%.
Over the last 12 months the sale value of 131 Memorial Avenue London has increased by £7,321 (3.0%) and its rental value has increased by £82 per month (5.0%).
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 131, Memorial Avenue, London is in very good condition we estimate a sale value of £254,417 and rental value of £1,721 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,341 and a rental value of £1,525 per month.
If you were able to purchase this property for the estimated value of £242,302, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,191 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, 131, Memorial Avenue, London was last sold on 31 Mar 2016 for £265,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2016, the market for similar properties has risen 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 131, Memorial Avenue, London within a radius of 480 metres over the last 2 years.
The most recent example is 132, Jack Clow Road, London, E15 3AS, a Leasehold flat which sold for £280,000 in Jun 2024.
Read more about house prices in E15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Memorial Avenue, London, E15 has a total of 136 addresses. According to our analysis of all the public data, 131, Memorial Avenue, London is the 98th largest and the 115th most expensive property on the street.
When compared to the postcode district it is £197k less expensive than the average property in E15.
131, Memorial Avenue, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 May 2019.
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 131, Memorial Avenue, London is West Ham station which is 100 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 131, Memorial Avenue, London, 46.2% of property is socially rented and 29.9% 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 131, Memorial Avenue, London, 22.6% of residents are recorded as possessing school level qualifications and 39.5% 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 131, Memorial Avenue, London, the average age was 34.7 and the most common age was 32.
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 131, Memorial Avenue, London, 1.4% 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 131, Memorial Avenue, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.