According to the public record, 14, Opal Close, London is a modern leasehold apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Opal Close, London, E16 is located in the borough of Newham within the E16 postal district.
14, Opal Close, London has a single entry in the Land Registry database from September 2007 and a single entry in the EPC database dated October 2023.
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 14 Opal Close London as £186,134 and the rental value as £1,112 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 14 Opal Close London has increased by £4,935 (2.7%) and its rental value has increased by £66 per month (6.0%).
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 14, Opal Close, London is in very good condition we estimate a sale value of £195,441 and rental value of £1,167 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £173,105 and a rental value of £1,034 per month.
If you were able to purchase this property for the estimated value of £186,134, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £915 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, 14, Opal Close, London was last sold on 12 Sep 2007 for £135,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2007, the market for similar properties has risen 37.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Opal Close, London within a radius of 580 metres over the last 2 years.
The most recent example is 76, Jade Close, London, E16 3TZ, a Leasehold flat which sold for £210,000 in Oct 2022.
Read more about house prices in E16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Opal Close, London, E16 has a total of 19 addresses. According to our analysis of all the public data, 14, Opal Close, London is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £202k less expensive than the average property in E16.
14, Opal Close, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Oct 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 14, Opal Close, London is Royal Albert station which is 500 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 14, Opal Close, London, 55.4% of property is privately rented and 26.5% 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 14, Opal Close, London, 21.9% of residents are recorded as possessing school level qualifications and 43.5% 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 14, Opal Close, 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 14, Opal Close, 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 14, Opal 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.