According to the public record, 16, East Road, London is a period apartment with 936 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
East Road, London, E15 is located in the borough of Newham within the E15 postal district.
16, East Road, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated August 2020.
We combine this information with public data 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 East Road London as £425,664 and the rental value as £2,734 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 16 East Road London has increased by £10,784 (2.5%) and its rental value has increased by £111 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, East Road, London is in very good condition we estimate a sale value of £446,947 and rental value of £2,871 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £395,867 and a rental value of £2,543 per month.
If you were able to purchase this property for the estimated value of £425,664, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,092 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, East Road, London was last sold on 14 Mar 2003 for £160,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, East Road, London within a radius of 380 metres over the last 2 years.
The most recent example is 68A , Stopford Road, London, E13 0LZ, a Leasehold flat which sold for £375,000 in Aug 2023.
Read more about house prices in E15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
East Road, London, E15 has a total of 151 addresses. According to our analysis of all the public data, 16, East Road, London is the 63rd largest and the 73rd most expensive property on the street.
When compared to the postcode district it is £14k less expensive than the average property in E15.
16, East Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Aug 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, East Road, London is Plaistow 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 16, East Road, London, 35.5% of property is privately rented and 25.6% 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, East Road, London, 24.0% of residents are recorded as possessing school level qualifications and 41.7% 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, East Road, London, the average age was 34.9 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 16, East Road, London, 0.9% 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, East Road, 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.