According to the public record, 393, Prince Regent Lane, London is a mid-century leasehold apartment with 828 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Prince Regent Lane, London, E16 is located in the borough of Newham within the E16 postal district.
393, Prince Regent Lane, London has a single entry in the Land Registry database from September 2020 and a single entry in the EPC database dated April 2020.
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 393 Prince Regent Lane London as £318,177 and the rental value as £1,822 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 393 Prince Regent Lane London has increased by £7,146 (2.2%) and its rental value has increased by £109 per month (6.0%).
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 393, Prince Regent Lane, London is in very good condition we estimate a sale value of £334,086 and rental value of £1,913 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £295,905 and a rental value of £1,694 per month.
If you were able to purchase this property for the estimated value of £318,177, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,564 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, 393, Prince Regent Lane, London was last sold on 22 Sep 2020 for £310,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2020, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 393, Prince Regent Lane, London within a radius of 340 metres over the last 2 years.
The most recent example is 40, Devonshire Road, London, E16 3NB, a Leasehold flat which sold for £332,500 in Dec 2022.
Read more about house prices in E16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prince Regent Lane, London, E16 has a total of 118 addresses. According to our analysis of all the public data, 393, Prince Regent Lane, London is the 52nd largest and the 60th most expensive property on the street.
When compared to the postcode district it is £70k less expensive than the average property in E16.
393, Prince Regent Lane, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Apr 2020.
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 393, Prince Regent Lane, London is Prince Regent 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 393, Prince Regent Lane, London, 42.6% of property is socially rented and 29.5% 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 393, Prince Regent Lane, London, 29.0% of residents are recorded as possessing school level qualifications and 29.2% 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 393, Prince Regent Lane, London, the average age was 34.3 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 393, Prince Regent Lane, 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 393, Prince Regent Lane, 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.