According to the public record, 2, Major Road, London is a mid-century freehold house with 1,259 ft2 of internal area and sits on a 171 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Major Road, London, E15 is located in the borough of Newham within the E15 postal district.
2, Major Road, London has 31 entries in the Land Registry database, most recently in June 2017 and a single entry in the EPC database dated November 2014.
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 Major Road London as £585,996 and the rental value as £3,549 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 2 Major Road London has increased by £6,668 (1.1%) and its rental value has increased by £104 per month (2.9%).
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, Major Road, London is in very good condition we estimate a sale value of £615,296 and rental value of £3,726 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £544,976 and a rental value of £3,300 per month.
If you were able to purchase this property for the estimated value of £585,996, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,880 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, Major Road, London sits on a plot of 171m2.
We have plot size data on 3 out of 5 other houses in the postcode and 2, Major Road, London sits on the largest plot.
According to HM Land Registry, 2, Major Road, London was last sold on 02 Jun 2017 for £535,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jun 2017, the market for similar properties has risen 8.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Major Road, London within a radius of 330 metres over the last 2 years.
The most recent example is 154, Major Road, London, E15 1DY, a Freehold house which sold for £650,000 in Jul 2022.
Read more about house prices in E15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Major Road, London, E15 has a total of 94 addresses. According to our analysis of all the public data, 2, Major Road, London is the 4th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £147k more expensive than the average property in E15.
2, Major Road, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 25 Nov 2014.
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 2, Major Road, London is Stratford International station which is 600 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, Major Road, London, 59.4% of property is socially rented and 18.7% is shared ownership.
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, Major Road, London, 27.1% of residents are recorded as possessing school level qualifications and 42.8% 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, Major Road, London, the average age was 33.6 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, Major 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, Major Road, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.