According to the public record, 16, Monk Drive, London is a early-century freehold house with 1,323 ft2 of internal area and sits on a 177 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Monk Drive, London, E16 is located in the borough of Newham within the E16 postal district.
16, Monk Drive, London has a single entry in the Land Registry database from August 2016 and a single entry in the EPC database dated August 2015.
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 Monk Drive London as £565,837 and the rental value as £2,729 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 16 Monk Drive London has increased by £4,459 (0.8%) and its rental value has increased by £124 per month (4.6%).
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, Monk Drive, London is in very good condition we estimate a sale value of £594,129 and rental value of £2,865 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £526,229 and a rental value of £2,538 per month.
If you were able to purchase this property for the estimated value of £565,837, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,781 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 data from HM Land Registry, 16, Monk Drive, London sits on a plot of 177m2.
We have plot size data on 11 out of 31 other houses in the postcode and 16, Monk Drive, London sits on the 5th largest plot.
According to HM Land Registry, 16, Monk Drive, London was last sold on 05 Aug 2016 for £460,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2016, the market for similar properties has risen 4.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Monk Drive, London within a radius of 330 metres over the last 2 years.
The most recent example is 25, Bray Drive, London, E16 1LD, a Freehold house which sold for £580,000 in Jan 2024.
Read more about house prices in E16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 330 metres radius of 16, Monk Drive, London over the last 2 years.
Most recently 706, Gateway Tower 28, Western Gateway, London, E16 1YL, a Leasehold flat let by Saint Andrews Bureau in Mar 2024.
Monk Drive, London, E16 has a total of 36 addresses. According to our analysis of all the public data, 16, Monk Drive, London is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £178k more expensive than the average property in E16.
16, Monk Drive, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Aug 2015.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 16, Monk Drive, London is Royal Victoria station which is 200 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, Monk Drive, London, 41.0% of property is socially 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, Monk Drive, London, 25.2% of residents are recorded as possessing school level qualifications and 25.8% 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, Monk Drive, London, the average age was 33.3 and the most common age was 27.
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, Monk Drive, London, 0.7% 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, Monk Drive, London, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.