According to the public record, 388, Monega Road, London is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,139 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Monega Road, London, E12 is located in the borough of Newham within the E12 postal district.
388, Monega Road, London has a single entry in the Land Registry database from February 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 388 Monega Road London as £509,297 and the rental value as £2,702 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 388 Monega Road London has increased by £12,329 (2.4%) and its rental value has increased by £104 per month (3.9%).
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 388, Monega Road, London is in very good condition we estimate a sale value of £534,762 and rental value of £2,837 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £473,646 and a rental value of £2,513 per month.
If you were able to purchase this property for the estimated value of £509,297, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,503 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, 388, Monega Road, London was last sold on 16 Feb 2009 for £230,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Feb 2009, the market for similar properties has risen 147.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 388, Monega Road, London within a radius of 370 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, 388, Monega Road, London is the 43rd largest and the 40th most expensive property on the street.
When compared to the postcode district it is £84k more expensive than the average property in E12.
The closest station to 388, 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 388, Monega Road, London, 32.8% of property is privately rented and 25.4% 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 388, Monega Road, London, 30.7% of residents are recorded as possessing school level qualifications and 25.7% 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 388, 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 388, Monega 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 388, Monega Road, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.