According to the public record, 24, Otley Road, London is a period freehold house with 1,173 ft2 of internal area and sits on a 102 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Otley Road, London, E16 is located in the borough of Newham within the E16 postal district.
24, Otley Road, London has 31 entries in the Land Registry database, most recently in October 2006 and a single entry in the EPC database dated November 2015.
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 24 Otley Road London as £393,957 and the rental value as £2,143 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 24 Otley Road London has increased by £6,967 (1.8%) and its rental value has increased by £98 per month (4.6%).
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 24, Otley Road, London is in very good condition we estimate a sale value of £413,655 and rental value of £2,250 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £366,380 and a rental value of £1,993 per month.
If you were able to purchase this property for the estimated value of £393,957, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,936 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, 24, Otley Road, London sits on a plot of 102m2.
We have plot size data on 16 out of 20 other houses in the postcode and 24, Otley Road, London sits on the 13th largest plot.
According to HM Land Registry, 24, Otley Road, London was last sold on 16 Oct 2006 for £229,995 and was recorded as a freehold house.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Otley Road, London within a radius of 350 metres over the last 2 years.
The most recent example is 58, Tree Road, London, E16 3DZ, a Freehold house which sold for £387,500 in Apr 2023.
Read more about house prices in E16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Otley Road, London, E16 has a total of 55 addresses. According to our analysis of all the public data, 24, Otley Road, London is the 7th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £6k more expensive than the average property in E16.
24, Otley Road, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Nov 2015.
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 24, Otley Road, London is Prince Regent station which is 600 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 24, Otley Road, London, 58.7% of property is socially rented and 31.5% 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 24, Otley Road, London, 26.8% of residents are recorded as possessing school level qualifications and 33.9% 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 24, Otley Road, 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 24, Otley Road, 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 24, Otley Road, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.