According to the public record, 2, Teal Close, London is a modern freehold house with 516 ft2 of internal area and sits on a 59.7 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Teal Close, London, E16 is located in the borough of Newham within the E16 postal district.
2, Teal Close, London has 51 entries in the Land Registry database, most recently in December 2009 and a single entry in the EPC database dated May 2017.
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 Teal Close London as £361,937 and the rental value as £1,854 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 2 Teal Close London has increased by £14,085 (3.9%) and its rental value has increased by £124 per month (6.7%).
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, Teal Close, London is in very good condition we estimate a sale value of £380,034 and rental value of £1,946 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £336,602 and a rental value of £1,724 per month.
If you were able to purchase this property for the estimated value of £361,937, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,779 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, Teal Close, London sits on a plot of 60m2.
We have plot size data on 22 out of 22 other houses in the postcode and 2, Teal Close, London sits on the 20th largest plot.
According to HM Land Registry, 2, Teal Close, London was last sold on 02 Dec 2009 for £160,000 and was recorded as a freehold house.
The property has had 5 sales since 1995.
Since Dec 2009, the market for similar properties has risen 98.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Teal Close, London within a radius of 470 metres over the last 2 years.
The most recent example is 23, Hickman Close, London, E16 3TA, a Freehold house which sold for £405,000 in Mar 2023.
Read more about house prices in E16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Teal Close, London, E16 has a total of 22 addresses. According to our analysis of all the public data, 2, Teal Close, London is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £26k less expensive than the average property in E16.
2, Teal Close, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 May 2017.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 2, Teal Close, London is Royal Albert station which is 800 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, Teal Close, London, 39.5% of property is privately rented and 25.0% 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, Teal Close, London, 23.8% of residents are recorded as possessing school level qualifications and 36.8% 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, Teal Close, London, the average age was 34.6 and the most common age was 32.
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, Teal Close, London, 0.5% 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, Teal Close, 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.