According to the public record, 5, Rainbow Avenue, London is a modern freehold house with 1,194 ft2 of internal area and sits on a 103 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Rainbow Avenue, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
5, Rainbow Avenue, London has a single entry in the Land Registry database from April 2024 and a single entry in the EPC database dated August 2020.
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 Rainbow Avenue London as £778,893 and the rental value as £3,880 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 5 Rainbow Avenue London has increased by £4,489 (0.6%) and its rental value has increased by £159 per month (4.1%).
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, Rainbow Avenue, London is in very good condition we estimate a sale value of £817,837 and rental value of £4,074 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £724,370 and a rental value of £3,609 per month.
If you were able to purchase this property for the estimated value of £778,893, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,828 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, Rainbow Avenue, London sits on a plot of 103m2.
We have plot size data on 16 out of 20 other houses in the postcode and 5, Rainbow Avenue, London sits on the 8th largest plot.
According to HM Land Registry, 5, Rainbow Avenue, London was last sold on 30 Apr 2024 for £780,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2024, the market for similar properties has dropped 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Rainbow Avenue, London within a radius of 310 metres over the last 2 years.
The most recent example is 29, Wynan Road, London, E14 3AF, a Freehold house which sold for £735,000 in May 2024.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rainbow Avenue, London, E14 has a total of 20 addresses. According to our analysis of all the public data, 5, Rainbow Avenue, London is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £294k more expensive than the average property in E14.
5, Rainbow Avenue, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Aug 2020.
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 5, Rainbow Avenue, London is Mudchute 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, Rainbow Avenue, London, 53.8% of property is privately rented and 29.4% 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, Rainbow Avenue, London, 18.4% of residents are recorded as possessing school level qualifications and 69.1% 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, Rainbow Avenue, London, the average age was 32.8 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, Rainbow Avenue, London, 1.5% 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, Rainbow Avenue, 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.