According to the public record, 159, Wakefield Street, London is a period leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 159, Wakefield Street, London, E6.
Wakefield Street, London, E6 is located in the borough of Newham within the E6 postal district.
159, Wakefield Street, London has 41 entries in the Land Registry database, most recently in January 2017 and a single entry in the EPC database dated June 2016.
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 159 Wakefield Street London as £295,562 and the rental value as £1,989 per month giving an expected gross yield of 8.1%.
Over the last 12 months the sale value of 159 Wakefield Street London has increased by £7,640 (2.6%) and its rental value has increased by £84 per month (4.2%).
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 159, Wakefield Street, London is in very good condition we estimate a sale value of £310,340 and rental value of £2,088 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £274,873 and a rental value of £1,849 per month.
If you were able to purchase this property for the estimated value of £295,562, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,453 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, 159, Wakefield Street, London was last sold on 27 Jan 2017 for £280,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jan 2017, the market for similar properties has risen 14.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 159, Wakefield Street, London within a radius of 320 metres over the last 2 years.
The most recent example is 73A, Wakefield Street, London, E6 1NR, a Leasehold flat which sold for £290,000 in Feb 2023.
Read more about house prices in E6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wakefield Street, London, E6 has a total of 230 addresses. According to our analysis of all the public data, 159, Wakefield Street, London is the 115th largest and the 143rd most expensive property on the street.
When compared to the postcode district it is £95k less expensive than the average property in E6.
159, Wakefield Street, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Jun 2016.
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 159, Wakefield Street, London is Upton Park station which is 700 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 159, Wakefield Street, London, 42.0% of property is privately rented and 19.9% is privately owned outright.
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 159, Wakefield Street, London, 27.5% of residents are recorded as possessing school level qualifications and 30.1% 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 159, Wakefield Street, London, the average age was 32.5 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 159, Wakefield Street, 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 159, Wakefield Street, 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.