According to the public record, 28, Ozolins Way, London is a mid-century freehold house with 516 ft2 of internal area and sits on a 91.3 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Ozolins Way, London, E16 is located in the borough of Newham within the E16 postal district.
28, Ozolins Way, London has 21 entries in the Land Registry database, most recently in February 2021 and a single entry in the EPC database dated August 2018.
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 28 Ozolins Way London as £301,053 and the rental value as £1,750 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 28 Ozolins Way London has increased by £10,750 (3.6%) and its rental value has increased by £130 per month (7.4%).
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 28, Ozolins Way, London is in very good condition we estimate a sale value of £316,105 and rental value of £1,838 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £279,979 and a rental value of £1,628 per month.
If you were able to purchase this property for the estimated value of £301,053, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,480 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, 28, Ozolins Way, London sits on a plot of 91m2.
We have plot size data on 9 out of 28 other houses in the postcode and 28, Ozolins Way, London sits on the 4th largest plot.
According to HM Land Registry, 28, Ozolins Way, London was last sold on 24 Feb 2021 for £285,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2021, the market for similar properties has risen 3.6%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 28, Ozolins Way, London within a radius of 340 metres over the last 2 years.
The most recent example is 22, Ozolins Way, London, E16 1LH, a Freehold house which sold for £320,000 in Mar 2018.
Read more about house prices in E16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ozolins Way, London, E16 has a total of 28 addresses. According to our analysis of all the public data, 28, Ozolins Way, London is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in E16.
28, Ozolins Way, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Aug 2018.
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 28, Ozolins Way, London is Royal Victoria 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 28, Ozolins Way, London, 70.5% of property is socially rented and 15.6% 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 28, Ozolins Way, London, 22.5% of residents are recorded as possessing school level qualifications and 31.4% 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 28, Ozolins Way, London, the average age was 33.3 and the most common age was 27.
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 28, Ozolins Way, 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 28, Ozolins Way, 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.