According to the public record, 2, Cranmer Road, London is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,539 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Cranmer Road, London, E7 is located in the borough of Newham within the E7 postal district.
2, Cranmer Road, London has a single entry in the Land Registry database from December 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Cranmer Road London as £822,893 and the rental value as £3,319 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 2 Cranmer Road London has increased by £20,310 (2.5%) and its rental value has increased by £120 per month (3.6%).
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 2, Cranmer Road, London is in very good condition we estimate a sale value of £864,038 and rental value of £3,485 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £765,291 and a rental value of £3,087 per month.
If you were able to purchase this property for the estimated value of £822,893, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,044 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, 2, Cranmer Road, London was last sold on 01 Dec 2006 for £343,000 and was recorded as a freehold house.
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 2, Cranmer Road, London within a radius of 410 metres over the last 2 years.
The most recent example is 46, Latimer Road, London, E7 0LQ, a Freehold house which sold for £922,000 in Aug 2023.
Read more about house prices in E7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cranmer Road, London, E7 has a total of 70 addresses. According to our analysis of all the public data, 2, Cranmer Road, London is the 4th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £329k more expensive than the average property in E7.
The closest station to 2, Cranmer Road, London is Wanstead Park 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, Cranmer Road, London, 33.9% of property is privately owned with a mortgage and 27.7% is privately 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, Cranmer Road, London, 20.7% of residents are recorded as possessing school level qualifications and 38.8% 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 2, Cranmer Road, London, the average age was 34.6 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 2, Cranmer Road, London, 1.2% 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, Cranmer Road, London, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.