According to the public record, 16, New Wanstead, London is a period freehold house with 2,507 ft2 of internal area and sits on a 546 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
New Wanstead, London, E11 is located in the borough of Redbridge within the E11 postal district.
16, New Wanstead, London has a single entry in the Land Registry database from October 2020 and a single entry in the EPC database dated May 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 New Wanstead London as £1,534,026 and the rental value as £4,927 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 16 New Wanstead London has increased by £35,637 (2.3%) and its rental value has increased by £187 per month (3.8%).
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, New Wanstead, London is in very good condition we estimate a sale value of £1,610,727 and rental value of £5,173 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,426,644 and a rental value of £4,582 per month.
If you were able to purchase this property for the estimated value of £1,534,026, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £7,539 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, New Wanstead, London sits on a plot of 546m2.
We have plot size data on 7 out of 9 other houses in the postcode and 16, New Wanstead, London sits on the largest plot.
According to HM Land Registry, 16, New Wanstead, London was last sold on 07 Oct 2020 for £1,300,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2020, the market for similar properties has risen 8.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, New Wanstead, London within a radius of 500 metres over the last 2 years.
The most recent example is 8, Hollybush Close, London, E11 1PZ, a Freehold house which sold for £1,900,000 in Jul 2022.
Read more about house prices in E11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Wanstead, London, E11 has a total of 320 addresses. According to our analysis of all the public data, 16, New Wanstead, London is the largest and the most expensive property on the street.
When compared to the postcode district it is £918k more expensive than the average property in E11.
16, New Wanstead, London has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 21 May 2020.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 16, New Wanstead, London is Snaresbrook station which is 400 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, New Wanstead, London, 46.2% of property is privately rented and 25.9% 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, New Wanstead, London, 11.9% of residents are recorded as possessing school level qualifications and 63.3% 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, New Wanstead, London, the average age was 41.5 and the most common age was 37.
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, New Wanstead, London, 2.6% 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, New Wanstead, 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.