According to the public record, 229, Murchison Road, London is a period leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Murchison Road, London, E10 is located in the borough of Waltham Forest within the E10 postal district.
229, Murchison Road, London has 31 entries in the Land Registry database, most recently in May 2024 and a single entry in the EPC database dated October 2014.
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 229 Murchison Road London as £471,077 and the rental value as £1,758 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 229 Murchison Road London has increased by £23,037 (4.9%) and its rental value has increased by £95 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 229, Murchison Road, London is in very good condition we estimate a sale value of £494,631 and rental value of £1,846 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £438,102 and a rental value of £1,635 per month.
If you were able to purchase this property for the estimated value of £471,077, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,315 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 HM Land Registry, 229, Murchison Road, London was last sold on 17 May 2024 for £472,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2024, the market for similar properties has risen 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 229, Murchison Road, London within a radius of 310 metres over the last 2 years.
The most recent example is 6, Jersey Road, London, E11 4BL, a Leasehold flat which sold for £445,000 in May 2024.
Read more about house prices in E10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Murchison Road, London, E10 has a total of 309 addresses. According to our analysis of all the public data, 229, Murchison Road, London is the 256th largest and the 254th most expensive property on the street.
When compared to the postcode district it is £41k less expensive than the average property in E10.
229, Murchison Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Oct 2014.
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 229, Murchison Road, London is Leyton Midland Road 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 229, Murchison Road, London, 40.6% of property is privately rented and 29.3% 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 229, Murchison Road, London, 16.5% of residents are recorded as possessing school level qualifications and 50.2% 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 229, Murchison Road, London, the average age was 34.3 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 229, Murchison Road, London, 1.6% 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 229, Murchison Road, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.