According to the public record, 188, Wakefield Street, London is a period apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Wakefield Street, London, E6 is located in the borough of Newham within the E6 postal district.
188, Wakefield Street, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated December 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 188 Wakefield Street London as £378,351 and the rental value as £2,062 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 188 Wakefield Street London has increased by £9,869 (2.6%) and its rental value has increased by £87 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 188, Wakefield Street, London is in very good condition we estimate a sale value of £397,269 and rental value of £2,165 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £351,867 and a rental value of £1,917 per month.
If you were able to purchase this property for the estimated value of £378,351, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,859 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, 188, Wakefield Street, London was last sold on 29 Jul 2004 for £150,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 188, Wakefield Street, London within a radius of 330 metres over the last 2 years.
The most recent example is 36A, Victoria Avenue, London, E6 1EY, a Leasehold flat which sold for £310,000 in Jun 2022.
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, 188, Wakefield Street, London is the 135th largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £13k less expensive than the average property in E6.
188, Wakefield Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Dec 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 188, 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 188, Wakefield Street, London, 45.4% of property is privately rented and 20.6% 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 188, Wakefield Street, London, 30.5% of residents are recorded as possessing school level qualifications and 36.3% 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 188, 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 188, 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 188, 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.