According to the public record, 3, Ling Road, London is a period leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 3, Ling Road, London, E16.
Ling Road, London, E16 is located in the borough of Newham within the E16 postal district.
3, Ling Road, London has 2 entries in the Land Registry database, most recently in July 2018 and a single entry in the EPC database dated December 2021.
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 3 Ling Road London as £268,645 and the rental value as £1,602 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 3 Ling Road London has increased by £10,060 (3.7%) and its rental value has increased by £98 per month (6.1%).
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 3, Ling Road, London is in very good condition we estimate a sale value of £282,077 and rental value of £1,682 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £249,840 and a rental value of £1,490 per month.
If you were able to purchase this property for the estimated value of £268,645, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,320 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, 3, Ling Road, London was last sold on 06 Jul 2018 for £272,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2018, the market for similar properties has risen 6.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Ling Road, London within a radius of 290 metres over the last 2 years.
The most recent example is 109, Cambus Road, London, E16 4AX, a Leasehold flat which sold for £280,000 in Oct 2022.
Read more about house prices in E16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ling Road, London, E16 has a total of 165 addresses. According to our analysis of all the public data, 3, Ling Road, London is the 160th largest and the 140th most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in E16.
3, Ling Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Dec 2021.
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 3, Ling Road, London is Royal Victoria station which is 800 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 3, Ling Road, London, 44.5% of property is privately rented and 33.6% is socially 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 3, Ling Road, London, 33.0% of residents are recorded as possessing school level qualifications and 28.6% 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 3, Ling Road, London, the average age was 33.4 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 3, Ling Road, London, 0.2% 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 3, Ling Road, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.