According to the public record, 2, Westmorland Close, London is a mid-century freehold house with 1,227 ft2 of internal area and sits on a 132 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Westmorland Close, London, E12 is located in the borough of Redbridge within the E12 postal district.
2, Westmorland Close, London has 21 entries in the Land Registry database, most recently in November 2006 and a single entry in the EPC database dated August 2020.
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 Westmorland Close London as £527,771 and the rental value as £2,710 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 2 Westmorland Close London has increased by £5,612 (1.1%) and its rental value has increased by £71 per month (2.6%).
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, Westmorland Close, London is in very good condition we estimate a sale value of £554,160 and rental value of £2,846 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £490,827 and a rental value of £2,520 per month.
If you were able to purchase this property for the estimated value of £527,771, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,594 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, Westmorland Close, London sits on a plot of 132m2.
We have plot size data on 18 out of 31 other houses in the postcode and 2, Westmorland Close, London sits on the 4th largest plot.
According to HM Land Registry, 2, Westmorland Close, London was last sold on 10 Nov 2006 for £275,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Westmorland Close, London within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 14, Sunderland Way, London, E12 5HR, a Freehold house which sold for £385,000 in Jan 2018.
Read more about house prices in E12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Westmorland Close, London, E12 has a total of 31 addresses. According to our analysis of all the public data, 2, Westmorland Close, London is the largest and the most expensive property on the street.
When compared to the postcode district it is £103k more expensive than the average property in E12.
2, Westmorland Close, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Aug 2020.
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, Westmorland Close, London is Manor Park station which is 1.3 kilometres 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, Westmorland Close, London, 32.9% of property is socially rented and 24.3% 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, Westmorland Close, London, 27.0% of residents are recorded as possessing school level qualifications and 30.5% 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, Westmorland Close, 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, Westmorland Close, London, 1.0% 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, Westmorland 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.