According to the public record, 311, Newham Way, London is a period freehold house with 1,377 ft2 of internal area and sits on a 342 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Newham Way, London, E16 is located in the borough of Newham within the E16 postal district.
311, Newham Way, London has 21 entries in the Land Registry database, most recently in April 2012 and a single entry in the EPC database dated January 2023.
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 311 Newham Way London as £514,881 and the rental value as £2,801 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 311 Newham Way London has increased by £8,854 (1.7%) and its rental value has increased by £121 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 311, Newham Way, London is in very good condition we estimate a sale value of £540,625 and rental value of £2,941 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £478,839 and a rental value of £2,605 per month.
If you were able to purchase this property for the estimated value of £514,881, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,530 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, 311, Newham Way, London sits on a plot of 342m2.
We have plot size data on 10 out of 15 other houses in the postcode and 311, Newham Way, London sits on the 4th largest plot.
According to HM Land Registry, 311, Newham Way, London was last sold on 27 Apr 2012 for £250,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Apr 2012, the market for similar properties has risen 81.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 311, Newham Way, London within a radius of 410 metres over the last 2 years.
The most recent example is 122, Cumberland Road, London, E13 8LR, a Freehold house which sold for £585,000 in Jun 2021.
Read more about house prices in E16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newham Way, London, E16 has a total of 52 addresses. According to our analysis of all the public data, 311, Newham Way, London is the 3rd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £127k more expensive than the average property in E16.
311, Newham Way, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jan 2023.
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 311, Newham Way, London is Prince Regent 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 311, Newham Way, London, 40.0% of property is privately rented and 20.7% 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 311, Newham Way, London, 29.2% of residents are recorded as possessing school level qualifications and 34.3% 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 311, Newham Way, 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 311, Newham Way, London, 2.4% 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 311, Newham Way, 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.