According to the public record, 42, Herongate Road, London is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,145 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Herongate Road, London, E12 is located in the borough of Redbridge within the E12 postal district.
42, Herongate Road, London has a single entry in the Land Registry database from January 2008 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 42 Herongate Road London as £846,009 and the rental value as £2,945 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 42 Herongate Road London has increased by £10,685 (1.3%) and its rental value has increased by £80 per month (2.7%).
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, Herongate Road, London is in very good condition we estimate a sale value of £888,309 and rental value of £3,092 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £786,788 and a rental value of £2,739 per month.
If you were able to purchase this property for the estimated value of £846,009, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,158 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, 42, Herongate Road, London was last sold on 28 Jan 2008 for £430,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2008, the market for similar properties has risen 101.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Herongate Road, London within a radius of 920 metres over the last 2 years.
The most recent example is 50, Herongate Road, London, E12 5EG, a Freehold house which sold for £865,000 in Mar 2022.
Read more about house prices in E12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Herongate Road, London, E12 has a total of 99 addresses. According to our analysis of all the public data, 42, Herongate Road, London is the 85th largest and the 86th most expensive property on the street.
When compared to the postcode district it is £421k more expensive than the average property in E12.
The closest station to 42, Herongate Road, London is Manor Park station which is 1.3 kilometres 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, Herongate Road, London, 48.3% of property is privately owned with a mortgage and 41.7% 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 42, Herongate Road, London, 19.2% of residents are recorded as possessing school level qualifications and 59.1% 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, Herongate Road, London, the average age was 39.9 and the most common age was 42.
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, Herongate Road, London, 2.4% 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, Herongate Road, London, there are an average of 1.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.