According to the public record, 2, Chester Road, London is a modern leasehold house with 871 ft2 of internal area and sits on a 152 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Chester Road, London, E16 is located in the borough of Newham within the E16 postal district.
2, Chester Road, London has a single entry in the Land Registry database from April 2014 and a single entry in the EPC database dated November 2013.
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 2 Chester Road London as £404,464 and the rental value as £2,255 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 2 Chester Road London has increased by £9,915 (2.5%) and its rental value has increased by £116 per month (5.2%).
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 2, Chester Road, London is in very good condition we estimate a sale value of £424,688 and rental value of £2,367 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £376,152 and a rental value of £2,097 per month.
If you were able to purchase this property for the estimated value of £404,464, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,988 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, 2, Chester Road, London sits on a plot of 152m2.
We have plot size data on 22 out of 27 other houses in the postcode and 2, Chester Road, London sits on the 2nd largest plot.
According to HM Land Registry, 2, Chester Road, London was last sold on 03 Apr 2014 for £294,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2014, the market for similar properties has risen 37.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Chester Road, London within a radius of 380 metres over the last 2 years.
The most recent example is 11, Chester Road, London, E16 4NL, a Freehold house which sold for £402,000 in May 2024.
Read more about house prices in E16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chester Road, London, E16 has a total of 38 addresses. According to our analysis of all the public data, 2, Chester Road, London is the 13th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £16k more expensive than the average property in E16.
2, Chester Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Nov 2013.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 2, Chester Road, London is Star Lane station which is 300 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 2, Chester Road, London, 35.9% of property is privately rented and 29.9% is socially rented.
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 2, Chester Road, London, 23.8% of residents are recorded as possessing school level qualifications and 31.7% 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 2, Chester Road, 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 2, Chester 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 2, Chester Road, 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.