According to the public record, 5, Emerald Close, London is a modern apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Emerald Close, London, E16 is located in the borough of Newham within the E16 postal district.
5, Emerald Close, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated June 2023.
We combine this information with public data 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 5 Emerald Close London as £228,498 and the rental value as £1,365 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 5 Emerald Close London has increased by £6,059 (2.7%) and its rental value has increased by £81 per month (6.0%).
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 5, Emerald Close, London is in very good condition we estimate a sale value of £239,923 and rental value of £1,433 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £212,503 and a rental value of £1,269 per month.
If you were able to purchase this property for the estimated value of £228,498, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,123 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, 5, Emerald Close, London was last sold on 07 Jan 2005 for £131,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Emerald Close, London within a radius of 590 metres over the last 2 years.
The most recent example is 34, Dunnock Road, London, E6 5SX, a Leasehold flat which sold for £220,000 in Mar 2024.
Read more about house prices in E16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Emerald Close, London, E16 has a total of 62 addresses. According to our analysis of all the public data, 5, Emerald Close, London is the 49th largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £160k less expensive than the average property in E16.
5, Emerald Close, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jun 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 5, Emerald Close, London is Royal Albert 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 5, Emerald Close, London, 53.2% of property is privately rented and 18.0% 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 5, Emerald Close, London, 26.1% of residents are recorded as possessing school level qualifications and 39.1% 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 5, Emerald Close, London, the average age was 34.8 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 5, Emerald Close, London, 0.3% 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 5, Emerald Close, 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.