According to the public record, 2, Newell Street, London is a period freehold house with 1,427 ft2 of internal area and sits on a 661 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Newell Street, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
2, Newell Street, London has a single entry in the Land Registry database from August 2022 and a single entry in the EPC database dated February 2021.
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 Newell Street London as £851,071 and the rental value as £4,194 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 2 Newell Street London has increased by £2,741 (0.3%) and its rental value has increased by £91 per month (2.2%).
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, Newell Street, London is in very good condition we estimate a sale value of £893,625 and rental value of £4,404 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £791,496 and a rental value of £3,901 per month.
If you were able to purchase this property for the estimated value of £851,071, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,183 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, Newell Street, London sits on a plot of 661m2.
We have plot size data on 4 out of 4 other houses in the postcode and 2, Newell Street, London sits on the largest plot.
According to HM Land Registry, 2, Newell Street, London was last sold on 12 Aug 2022 for £1,200,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2022, the market for similar properties has dropped 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Newell Street, London within a radius of 260 metres over the last 2 years.
The most recent example is 13, Newell Street, London, E14 7HP, a Freehold house which sold for £1,235,000 in Dec 2019.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newell Street, London, E14 has a total of 88 addresses. According to our analysis of all the public data, 2, Newell Street, London is the 15th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £367k more expensive than the average property in E14.
2, Newell Street, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Feb 2021.
The property is connected to mains gas and has partial secondary glazing. It is heated using a boiler and radiators.
The closest station to 2, Newell Street, London is Westferry station which is 500 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, Newell Street, London, 76.0% of property is privately rented and 14.3% 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 2, Newell Street, London, 11.9% of residents are recorded as possessing school level qualifications and 66.1% 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, Newell Street, London, the average age was 32.3 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, Newell Street, London, 4.1% 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, Newell Street, 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.