According to the public record, 59, Lorne Road, London is a period freehold house with 893 ft2 of internal area and sits on a 193 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lorne Road, London, E7 is located in the borough of Newham within the E7 postal district.
59, Lorne Road, London has a single entry in the Land Registry database from November 2020 and a single entry in the EPC database dated March 2019.
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 59 Lorne Road London as £694,250 and the rental value as £2,712 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 59 Lorne Road London has increased by £21,371 (3.1%) and its rental value has increased by £115 per month (4.2%).
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 59, Lorne Road, London is in very good condition we estimate a sale value of £728,963 and rental value of £2,848 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £645,653 and a rental value of £2,522 per month.
If you were able to purchase this property for the estimated value of £694,250, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,412 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, 59, Lorne Road, London sits on a plot of 193m2.
We have plot size data on 11 out of 18 other houses in the postcode and 59, Lorne Road, London sits on the 9th largest plot.
According to HM Land Registry, 59, Lorne Road, London was last sold on 30 Nov 2020 for £775,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2020, the market for similar properties has risen 8.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59, Lorne Road, London within a radius of 540 metres over the last 2 years.
The most recent example is 28, Tylney Road, London, E7 0LR, a Leasehold house which sold for £500,000 in Oct 2023.
Read more about house prices in E7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lorne Road, London, E7 has a total of 88 addresses. According to our analysis of all the public data, 59, Lorne Road, London is the 60th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £201k more expensive than the average property in E7.
59, Lorne Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Mar 2019.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 59, Lorne Road, London is Wanstead Park 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 59, Lorne Road, London, 33.1% of property is privately rented and 31.7% 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 59, Lorne Road, London, 21.6% of residents are recorded as possessing school level qualifications and 45.8% 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 59, Lorne Road, London, the average age was 34.6 and the most common age was 37.
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 59, Lorne Road, London, 0.2% 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 59, Lorne Road, London, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.