According to the public record, 2, Richmond Way, London is a period freehold house with 1,657 ft2 of internal area and sits on a 347 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Richmond Way, London, E11 is located in the borough of Redbridge within the E11 postal district.
2, Richmond Way, London has a single entry in the Land Registry database from October 2020 and a single entry in the EPC database dated July 2018.
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 Richmond Way London as £1,030,455 and the rental value as £3,665 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 2 Richmond Way London has increased by £30,455 (3.0%) and its rental value has increased by £156 per month (4.3%).
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, Richmond Way, London is in very good condition we estimate a sale value of £1,081,977 and rental value of £3,848 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £958,323 and a rental value of £3,408 per month.
If you were able to purchase this property for the estimated value of £1,030,455, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,064 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, Richmond Way, London sits on a plot of 347m2.
We have plot size data on 10 out of 23 other houses in the postcode and 2, Richmond Way, London sits on the 4th largest plot.
According to HM Land Registry, 2, Richmond Way, London was last sold on 09 Oct 2020 for £782,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2020, the market for similar properties has risen 9.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Richmond Way, London within a radius of 690 metres over the last 2 years.
The most recent example is 8, Lake House Road, London, E11 3QS, a Freehold house which sold for £1,100,000 in Dec 2022.
Read more about house prices in E11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Richmond Way, London, E11 has a total of 23 addresses. According to our analysis of all the public data, 2, Richmond Way, London is the largest and the most expensive property on the street.
When compared to the postcode district it is £415k more expensive than the average property in E11.
2, Richmond Way, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Jul 2018.
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, Richmond Way, London is Leytonstone High Road station which is 900 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, Richmond Way, London, 56.5% of property is privately owned outright and 38.0% 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, Richmond Way, London, 18.0% of residents are recorded as possessing school level qualifications and 54.0% 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, Richmond Way, London, the average age was 39.9 and the most common age was 42.
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, Richmond Way, London, 0.0% 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, Richmond Way, London, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.