According to the public record, 5, Palmerston Road, London is a period freehold house with 1,945 ft2 of internal area and sits on a 196 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Palmerston Road, London, E7 is located in the borough of Newham within the E7 postal district.
5, Palmerston Road, London has 2 entries in the Land Registry database, most recently in October 2015 and a single entry in the EPC database dated July 2011.
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 5 Palmerston Road London as £818,283 and the rental value as £4,108 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 5 Palmerston Road London has increased by £20,410 (2.5%) and its rental value has increased by £145 per month (3.5%).
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 5, Palmerston Road, London is in very good condition we estimate a sale value of £859,197 and rental value of £4,313 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £761,003 and a rental value of £3,820 per month.
If you were able to purchase this property for the estimated value of £818,283, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,022 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, 5, Palmerston Road, London sits on a plot of 196m2.
We have plot size data on 13 out of 19 other houses in the postcode and 5, Palmerston Road, London sits on the 24th largest plot.
According to HM Land Registry, 5, Palmerston Road, London was last sold on 01 Oct 2015 for £750,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2015, the market for similar properties has risen 22.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Palmerston Road, London within a radius of 340 metres over the last 2 years.
The most recent example is 12, Palmerston Road, London, E7 8BH, a Freehold house which sold for £800,000 in Jun 2022.
Read more about house prices in E7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palmerston Road, London, E7 has a total of 81 addresses. According to our analysis of all the public data, 5, Palmerston Road, London is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £325k more expensive than the average property in E7.
5, Palmerston Road, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Jul 2011.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 5, Palmerston Road, London is Forest Gate station which is 500 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, Palmerston Road, London, 52.8% of property is privately rented and 23.9% is socially 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 5, Palmerston Road, London, 26.9% of residents are recorded as possessing school level qualifications and 32.2% 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, Palmerston Road, London, the average age was 33 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 5, Palmerston Road, London, 0.8% 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, Palmerston Road, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.