According to the public record, 246, Shrewsbury Road, London is a period leasehold apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 246, Shrewsbury Road, London, E7.
Shrewsbury Road, London, E7 is located in the borough of Newham within the E7 postal district.
246, Shrewsbury Road, London has 41 entries in the Land Registry database, most recently in June 2016 and a single entry in the EPC database dated October 2013.
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 246 Shrewsbury Road London as £275,749 and the rental value as £1,675 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 246 Shrewsbury Road London has increased by £7,878 (2.9%) and its rental value has increased by £72 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 246, Shrewsbury Road, London is in very good condition we estimate a sale value of £289,536 and rental value of £1,759 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £256,447 and a rental value of £1,558 per month.
If you were able to purchase this property for the estimated value of £275,749, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,355 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, 246, Shrewsbury Road, London was last sold on 03 Jun 2016 for £270,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jun 2016, the market for similar properties has risen 9.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 246, Shrewsbury Road, London within a radius of 380 metres over the last 2 years.
The most recent example is 193, Plashet Grove, London, E6 1BX, a Leasehold flat which sold for £274,999 in Mar 2024.
Read more about house prices in E7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Shrewsbury Road, London, E7 has a total of 353 addresses. According to our analysis of all the public data, 246, Shrewsbury Road, London is the 244th largest and the 299th most expensive property on the street.
When compared to the postcode district it is £218k less expensive than the average property in E7.
246, Shrewsbury Road, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 Oct 2013.
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 246, Shrewsbury Road, London is East Ham 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 246, Shrewsbury Road, London, 33.6% of property is privately rented and 28.0% is privately owned outright.
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 246, Shrewsbury Road, London, 31.1% of residents are recorded as possessing school level qualifications and 29.5% 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 246, Shrewsbury Road, London, the average age was 34.5 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 246, Shrewsbury 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 246, Shrewsbury Road, London, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.