According to the public record, 51, Thorne Close, London is a mid-century leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Thorne Close, London, E16 is located in the borough of Newham within the E16 postal district.
51, Thorne Close, London has 21 entries in the Land Registry database, most recently in January 2021 and a single entry in the EPC database dated January 2013.
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 51 Thorne Close London as £283,382 and the rental value as £1,672 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 51 Thorne Close London has increased by £6,261 (2.2%) and its rental value has increased by £101 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 51, Thorne Close, London is in very good condition we estimate a sale value of £297,551 and rental value of £1,755 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £263,545 and a rental value of £1,555 per month.
If you were able to purchase this property for the estimated value of £283,382, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,393 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, 51, Thorne Close, London was last sold on 29 Jan 2021 for £300,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2021, the market for similar properties has risen 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51, Thorne Close, London within a radius of 340 metres over the last 2 years.
The most recent example is 27, Killip Close, London, E16 1LX, a Leasehold flat which sold for £317,000 in Nov 2023.
Read more about house prices in E16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thorne Close, London, E16 has a total of 56 addresses. According to our analysis of all the public data, 51, Thorne Close, London is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £105k less expensive than the average property in E16.
51, Thorne Close, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Jan 2013.
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 51, Thorne Close, London is Royal Victoria 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 51, Thorne Close, London, 70.5% of property is socially rented and 15.6% 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 51, Thorne Close, London, 22.5% of residents are recorded as possessing school level qualifications and 31.4% 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 51, Thorne Close, London, the average age was 33.3 and the most common age was 27.
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 51, Thorne Close, 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 51, Thorne Close, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.