According to the public record, 53, Gresham Road, London is a period freehold house with 775 ft2 of internal area and sits on a 89.6 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Gresham Road, London, E16 is located in the borough of Newham within the E16 postal district.
53, Gresham Road, London has a single entry in the Land Registry database from October 2015 and a single entry in the EPC database dated September 2015.
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 53 Gresham Road London as £407,952 and the rental value as £2,123 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 53 Gresham Road London has increased by £9,756 (2.4%) and its rental value has increased by £130 per month (6.1%).
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 53, Gresham Road, London is in very good condition we estimate a sale value of £428,349 and rental value of £2,230 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £379,395 and a rental value of £1,975 per month.
If you were able to purchase this property for the estimated value of £407,952, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,005 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, 53, Gresham Road, London sits on a plot of 90m2.
We have plot size data on 49 out of 55 other houses in the postcode and 53, Gresham Road, London sits on the 41st largest plot.
According to HM Land Registry, 53, Gresham Road, London was last sold on 22 Oct 2015 for £350,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Oct 2015, the market for similar properties has risen 10.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53, Gresham Road, London within a radius of 350 metres over the last 2 years.
The most recent example is 44, Gresham Road, London, E16 3DU, a Freehold house which sold for £420,000 in May 2024.
Read more about house prices in E16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gresham Road, London, E16 has a total of 55 addresses. According to our analysis of all the public data, 53, Gresham Road, London is the 33rd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £20k more expensive than the average property in E16.
53, Gresham Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Sep 2015.
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 53, Gresham Road, London is Custom House (Elizabeth line) 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 53, Gresham Road, London, 40.7% of property is privately rented and 23.0% 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 53, Gresham Road, London, 24.9% of residents are recorded as possessing school level qualifications and 41.5% 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 53, Gresham Road, London, the average age was 34.3 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 53, Gresham 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 53, Gresham 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.