According to the public record, 40, Macaulay Road, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 517 ft2 of internal area and a garden.
Apartments of this size in this area normally have 2 bedrooms.
Macaulay Road, London, E6 is located in the borough of Newham within the E6 postal district.
40, Macaulay Road, London has 101 entries in the Land Registry database, most recently in April 2021 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 40 Macaulay Road London as £226,482 and the rental value as £1,569 per month giving an expected gross yield of 8.3%.
Over the last 12 months the sale value of 40 Macaulay Road London has increased by £6,054 (2.7%) and its rental value has increased by £68 per month (4.4%).
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 40, Macaulay Road, London is in very good condition we estimate a sale value of £237,806 and rental value of £1,647 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,629 and a rental value of £1,459 per month.
If you were able to purchase this property for the estimated value of £226,482, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,113 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, 40, Macaulay Road, London was last sold on 12 Apr 2021 for £216,000 and was recorded as a leasehold flat.
The property has had 10 sales since 1995.
Since Apr 2021, the market for similar properties has risen 6.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Macaulay Road, London within a radius of 330 metres over the last 2 years.
The most recent example is 37B , Dickens Road, London, E6 3BX, a Leasehold flat which sold for £211,000 in Jul 2020.
Read more about house prices in E6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Macaulay Road, London, E6 has a total of 101 addresses. According to our analysis of all the public data, 40, Macaulay Road, London is the 85th largest and the 93rd most expensive property on the street.
When compared to the postcode district it is £165k less expensive than the average property in E6.
The closest station to 40, Macaulay Road, London is Upton Park station which is 900 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 40, Macaulay Road, London, 55.6% of property is privately rented and 21.6% 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 40, Macaulay Road, London, 29.6% of residents are recorded as possessing school level qualifications and 32.7% 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 40, Macaulay Road, London, the average age was 32.9 and the most common age was 37.
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 40, Macaulay Road, London, 0.6% 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 40, Macaulay 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.