According to the public record, 40, Wrexham Road, London is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,061 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Wrexham Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
40, Wrexham Road, London has 31 entries in the Land Registry database, most recently in November 2007 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 Wrexham Road London as £784,656 and the rental value as £4,379 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 40 Wrexham Road London has increased by £8,216 (1.0%) and its rental value has increased by £232 per month (5.3%).
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 40, Wrexham Road, London is in very good condition we estimate a sale value of £823,889 and rental value of £4,598 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £729,730 and a rental value of £4,072 per month.
If you were able to purchase this property for the estimated value of £784,656, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,856 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, Wrexham Road, London was last sold on 05 Nov 2007 for £412,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Nov 2007, the market for similar properties has risen 68.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Wrexham Road, London within a radius of 300 metres over the last 2 years.
The most recent example is 64, Wrexham Road, London, E3 2TJ, a Freehold house which sold for £650,000 in Nov 2023.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wrexham Road, London, E3 has a total of 55 addresses. According to our analysis of all the public data, 40, Wrexham Road, London is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £345k more expensive than the average property in E3.
The closest station to 40, Wrexham Road, London is Bow Church station which is 300 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, Wrexham Road, London, 34.6% of property is privately owned with a mortgage and 30.1% 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 40, Wrexham Road, London, 15.9% of residents are recorded as possessing school level qualifications and 64.9% 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, Wrexham Road, London, the average age was 32.7 and the most common age was 27.
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, Wrexham Road, London, 1.8% 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, Wrexham 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.