According to the public record, 44, Preston Drive, London is a early-century freehold house with 1,905 ft2 of internal area and sits on a 454 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Preston Drive, London, E11 is located in the borough of Redbridge within the E11 postal district.
44, Preston Drive, London has 31 entries in the Land Registry database, most recently in April 2023 and a single entry in the EPC database dated October 2022.
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 44 Preston Drive London as £1,164,410 and the rental value as £3,821 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 44 Preston Drive London has increased by £17,150 (1.5%) and its rental value has increased by £116 per month (3.0%).
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 44, Preston Drive, London is in very good condition we estimate a sale value of £1,222,630 and rental value of £4,012 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,082,901 and a rental value of £3,553 per month.
If you were able to purchase this property for the estimated value of £1,164,410, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,723 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 data from HM Land Registry, 44, Preston Drive, London sits on a plot of 454m2.
We have plot size data on 9 out of 33 other houses in the postcode and 44, Preston Drive, London sits on the largest plot.
According to HM Land Registry, 44, Preston Drive, London was last sold on 14 Apr 2023 for £1,196,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Apr 2023, the market for similar properties has risen 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 44, Preston Drive, London within a radius of 620 metres over the last 2 years.
The most recent example is 41, Rutland Road, London, E11 2DY, a Freehold house which sold for £850,000 in Jun 2023.
Read more about house prices in E11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Preston Drive, London, E11 has a total of 33 addresses. According to our analysis of all the public data, 44, Preston Drive, London is the largest and the most expensive property on the street.
When compared to the postcode district it is £549k more expensive than the average property in E11.
44, Preston Drive, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Oct 2022.
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 44, Preston Drive, London is Wanstead 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 44, Preston Drive, London, 46.2% of property is privately owned outright and 41.9% is privately owned with a mortgage.
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 44, Preston Drive, London, 21.9% of residents are recorded as possessing school level qualifications and 47.6% 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 44, Preston Drive, London, the average age was 40.6 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 44, Preston Drive, 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 44, Preston Drive, London, there are an average of 1.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.