According to the public record, 2, Morgan Street, London is a mid-century freehold house with 936 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.
Morgan Street, London, E16 is located in the borough of Newham within the E16 postal district.
2, Morgan Street, London has 41 entries in the Land Registry database, most recently in July 2008 and a single entry in the EPC database dated May 2023.
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 Morgan Street London as £420,912 and the rental value as £2,313 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 2 Morgan Street London has increased by £11,778 (2.8%) and its rental value has increased by £124 per month (5.4%).
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 2, Morgan Street, London is in very good condition we estimate a sale value of £441,958 and rental value of £2,429 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £391,448 and a rental value of £2,151 per month.
If you were able to purchase this property for the estimated value of £420,912, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,069 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, Morgan Street, London sits on a plot of 152m2.
According to HM Land Registry, 2, Morgan Street, London was last sold on 01 Jul 2008 for £217,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Jul 2008, the market for similar properties has risen 96.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Morgan Street, London within a radius of 300 metres over the last 2 years.
The most recent example is 200, Newhaven Lane, London, E16 4DR, a Freehold house which sold for £450,000 in Nov 2023.
Read more about house prices in E16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morgan Street, London, E16 has a total of 45 addresses. According to our analysis of all the public data, 2, Morgan Street, London is the largest and the most expensive property on the street.
When compared to the postcode district it is £33k more expensive than the average property in E16.
2, Morgan Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 May 2023.
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, Morgan Street, London is Star Lane 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 2, Morgan Street, London, 59.1% of property is socially rented and 25.5% 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, Morgan Street, London, 25.3% of residents are recorded as possessing school level qualifications and 38.1% 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, Morgan Street, London, the average age was 33.4 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, Morgan Street, London, 0.8% 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, Morgan Street, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.