42, Florence Street, London has no records in the Land Registry database and a single entry in the EPC database dated September 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
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 42, Florence Street, London is in very good condition we estimate a sale value of £364,250 and rental value of £1,950 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £322,621 and a rental value of £1,727 per month.
If you were able to purchase this property for the estimated value of £346,905, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,705 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 the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 42, Florence Street, London within a radius of 340 metres over the last 2 years.
The most recent example is Flat 9, Cristie Court 39, Tyas Road, London, E16 4JL, a Leasehold flat which sold for £240,000 in Aug 2022.
Read more about house prices in E16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Florence Street, London, E16 has a total of 43 addresses. According to our analysis of all the public data, 42, Florence Street, London is the 42nd largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £41k less expensive than the average property in E16.
42, Florence Street, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Sep 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
According to the public record, 42, Florence Street, London is a modern apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Florence Street, London, E16 is located in the borough of Newham within the E16 postal district.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 42 Florence Street London as £346,905 and the rental value as £1,857 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 42 Florence Street London has increased by £11,817 (3.4%) and its rental value has increased by £102 per month (5.5%).
The closest station to 42, Florence Street, London is Star Lane station which is 600 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 42, Florence Street, London, 31.6% of property is socially rented and 24.3% 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 42, Florence Street, London, 24.9% of residents are recorded as possessing school level qualifications and 35.5% 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 42, Florence Street, London, the average age was 33.4 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 42, Florence Street, 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 42, Florence Street, London, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.