According to the public record, 281, Monega Road, London is a period freehold house with 1,001 ft2 of internal area and sits on a 134 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Monega Road, London, E12 is located in the borough of Newham within the E12 postal district.
281, Monega Road, London has 2 entries in the Land Registry database, most recently in November 2023 and a single entry in the EPC database dated March 2019.
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 281 Monega Road London as £497,129 and the rental value as £2,541 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 281 Monega Road London has increased by £16,029 (3.2%) and its rental value has increased by £119 per month (4.7%).
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 281, Monega Road, London is in very good condition we estimate a sale value of £521,985 and rental value of £2,668 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £462,330 and a rental value of £2,363 per month.
If you were able to purchase this property for the estimated value of £497,129, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,443 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, 281, Monega Road, London sits on a plot of 134m2.
We have plot size data on 25 out of 34 other houses in the postcode and 281, Monega Road, London sits on the 20th largest plot.
According to HM Land Registry, 281, Monega Road, London was last sold on 17 Nov 2023 for £520,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2023, the market for similar properties has risen 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 281, Monega Road, London within a radius of 380 metres over the last 2 years.
The most recent example is 339, Strone Road, London, E12 6TW, a Freehold house which sold for £500,000 in May 2024.
Read more about house prices in E12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Monega Road, London, E12 has a total of 169 addresses. According to our analysis of all the public data, 281, Monega Road, London is the 76th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £72k more expensive than the average property in E12.
281, Monega Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Mar 2019.
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 281, Monega Road, London is Woodgrange Park station which is 400 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 281, Monega Road, London, 46.7% of property is privately rented and 28.9% 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 281, Monega Road, London, 29.0% of residents are recorded as possessing school level qualifications and 22.3% 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 281, Monega Road, London, the average age was 32.7 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 281, Monega Road, London, 0.3% 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 281, Monega Road, London, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.