According to the public record, 56, Park Road, London is a modern apartment with 1,033 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Park Road, London, E15 is located in the borough of Newham within the E15 postal district.
56, Park Road, London has no records in the Land Registry database and a single entry in the EPC database dated March 2023.
We combine this information with public data 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 56 Park Road London as £401,956 and the rental value as £2,536 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 56 Park Road London has increased by £7,637 (1.9%) and its rental value has increased by £93 per month (3.7%).
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 56, Park Road, London is in very good condition we estimate a sale value of £422,053 and rental value of £2,662 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £373,819 and a rental value of £2,358 per month.
If you were able to purchase this property for the estimated value of £401,956, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,975 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Park Road, London within a radius of 340 metres over the last 2 years.
The most recent example is 14, East Road, London, E15 3QR, a Leasehold flat which sold for £310,000 in Aug 2016.
Read more about house prices in E15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road, London, E15 has a total of 78 addresses. According to our analysis of all the public data, 56, Park Road, London is the 31st largest and the 45th most expensive property on the street.
When compared to the postcode district it is £37k less expensive than the average property in E15.
56, Park Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Mar 2023.
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 56, Park Road, London is Plaistow 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 56, Park Road, London, 34.8% of property is privately rented and 33.9% 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 56, Park Road, London, 26.2% of residents are recorded as possessing school level qualifications and 41.0% 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 56, Park Road, London, the average age was 34.9 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 56, Park Road, London, 0.3% 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 56, Park Road, 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.