According to the public record, 16, Chester Road, London is a period leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 16, Chester Road, London, E11.
Chester Road, London, E11 is located in the borough of Redbridge within the E11 postal district.
16, Chester Road, London has 51 entries in the Land Registry database, most recently in December 2017 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 16 Chester Road London as £423,061 and the rental value as £1,568 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 16 Chester Road London has increased by £11,910 (2.8%) and its rental value has increased by £64 per month (4.1%).
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 16, Chester Road, London is in very good condition we estimate a sale value of £444,214 and rental value of £1,646 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £393,447 and a rental value of £1,458 per month.
If you were able to purchase this property for the estimated value of £423,061, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,079 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, 16, Chester Road, London was last sold on 06 Dec 2017 for £367,500 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Dec 2017, the market for similar properties has risen 10.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Chester Road, London within a radius of 550 metres over the last 2 years.
The most recent example is 9, Addison Road, London, E11 2RG, a Leasehold flat which sold for £261,883 in Oct 2023.
Read more about house prices in E11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chester Road, London, E11 has a total of 56 addresses. According to our analysis of all the public data, 16, Chester Road, London is the 55th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £192k less expensive than the average property in E11.
16, Chester Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Feb 2020.
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 16, Chester Road, London is Wanstead 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 16, Chester Road, London, 42.9% of property is privately owned outright and 31.3% 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 16, Chester Road, London, 21.6% of residents are recorded as possessing school level qualifications and 52.8% 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 16, Chester Road, London, the average age was 40.6 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 16, Chester Road, London, 1.0% 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 16, Chester Road, London, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.