According to the public record, 47, Somerset Road, London is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 950 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Somerset Road, London, E17 is located in the borough of Waltham Forest within the E17 postal district.
47, Somerset Road, London has a single entry in the Land Registry database from August 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 47 Somerset Road London as £780,178 and the rental value as £2,721 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 47 Somerset Road London has increased by £32,116 (4.1%) and its rental value has increased by £122 per month (4.5%).
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 47, Somerset Road, London is in very good condition we estimate a sale value of £819,187 and rental value of £2,857 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £725,566 and a rental value of £2,531 per month.
If you were able to purchase this property for the estimated value of £780,178, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,834 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, 47, Somerset Road, London was last sold on 01 Aug 2008 for £275,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2008, the market for similar properties has risen 172.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Somerset Road, London within a radius of 350 metres over the last 2 years.
The most recent example is 34, Belgrave Road, London, E17 8QE, a Freehold house which sold for £970,000 in Aug 2023.
Read more about house prices in E17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Somerset Road, London, E17 has a total of 88 addresses. According to our analysis of all the public data, 47, Somerset Road, London is the 45th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £225k more expensive than the average property in E17.
The closest station to 47, Somerset Road, London is Walthamstow Queen's Road station which is 400 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 47, Somerset Road, London, 37.7% of property is privately owned with a mortgage and 29.2% 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 47, Somerset Road, London, 15.3% of residents are recorded as possessing school level qualifications and 54.9% 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 47, Somerset Road, London, the average age was 35.6 and the most common age was 32.
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 47, Somerset Road, 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 47, Somerset Road, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.