According to the public record, 5, Ronnie Lane, London is a modern freehold house with 667 ft2 of internal area and sits on a 97.3 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Ronnie Lane, London, E12 is located in the borough of Newham within the E12 postal district.
5, Ronnie Lane, London has a single entry in the Land Registry database from September 2019 and a single entry in the EPC database dated October 2018.
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 Ronnie Lane London as £340,808 and the rental value as £1,903 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 5 Ronnie Lane London has increased by £7,762 (2.3%) and its rental value has increased by £98 per month (5.1%).
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, Ronnie Lane, London is in very good condition we estimate a sale value of £357,848 and rental value of £1,998 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £316,951 and a rental value of £1,770 per month.
If you were able to purchase this property for the estimated value of £340,808, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,675 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, Ronnie Lane, London sits on a plot of 97m2.
We have plot size data on 15 out of 18 other houses in the postcode and 5, Ronnie Lane, London sits on the 8th largest plot.
According to HM Land Registry, 5, Ronnie Lane, London was last sold on 25 Sep 2019 for £315,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2019, the market for similar properties has risen 15.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Ronnie Lane, London within a radius of 370 metres over the last 2 years.
The most recent example is 6, Sally Murray Close, London, E12 5NX, a Leasehold house which sold for £366,000 in May 2023.
Read more about house prices in E12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ronnie Lane, London, E12 has a total of 22 addresses. According to our analysis of all the public data, 5, Ronnie Lane, London is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in E12.
5, Ronnie Lane, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Oct 2018.
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, Ronnie Lane, London is Ilford station which is 800 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, Ronnie Lane, London, 37.7% of property is socially rented and 34.1% 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 5, Ronnie Lane, London, 37.0% of residents are recorded as possessing school level qualifications and 29.5% 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, Ronnie Lane, London, the average age was 32 and the most common age was 12.
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, Ronnie Lane, 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 5, Ronnie Lane, 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.