According to the public record, 195, New City Road, London is a period apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
New City Road, London, E13 is located in the borough of Newham within the E13 postal district.
195, New City Road, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated January 2022.
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 195 New City Road London as £197,057 and the rental value as £1,199 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 195 New City Road London has increased by £5,415 (2.7%) and its rental value has increased by £52 per month (4.4%).
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 195, New City Road, London is in very good condition we estimate a sale value of £206,910 and rental value of £1,259 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £183,263 and a rental value of £1,115 per month.
If you were able to purchase this property for the estimated value of £197,057, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £968 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, 195, New City Road, London was last sold on 11 Jun 1999 for £45,995 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 195, New City Road, London within a radius of 370 metres over the last 2 years.
The most recent example is 53A, Welbeck Road, London, E6 3ET, a Leasehold flat which sold for £193,000 in Oct 2018.
Read more about house prices in E13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New City Road, London, E13 has a total of 227 addresses. According to our analysis of all the public data, 195, New City Road, London is the 189th largest and the 192nd most expensive property on the street.
When compared to the postcode district it is £180k less expensive than the average property in E13.
195, New City Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Jan 2022.
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 195, New City Road, London is Upton Park station which is 1.2 kilometres 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 195, New City Road, London, 37.8% of property is privately rented and 31.1% 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 195, New City Road, London, 27.0% of residents are recorded as possessing school level qualifications and 36.8% 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 195, New City Road, London, the average age was 34.1 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 195, New City Road, London, 0.3% 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 195, New City Road, 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.