According to the public record, 62, Aldersbrook Road, London is a early-century leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
Aldersbrook Road, London, E12 is located in the borough of Redbridge within the E12 postal district.
62, Aldersbrook Road, London has a single entry in the Land Registry database from November 2014 and a single entry in the EPC database dated May 2014.
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 62 Aldersbrook Road London as £464,441 and the rental value as £2,053 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 62 Aldersbrook Road London has increased by £18,153 (3.9%) and its rental value has increased by £111 per month (5.4%).
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 62, Aldersbrook Road, London is in very good condition we estimate a sale value of £487,663 and rental value of £2,156 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £431,930 and a rental value of £1,909 per month.
If you were able to purchase this property for the estimated value of £464,441, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,283 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, 62, Aldersbrook Road, London was last sold on 13 Nov 2014 for £265,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2014, the market for similar properties has risen 38.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Aldersbrook Road, London within a radius of 810 metres over the last 2 years.
The most recent example is Flat 10, St. James Court 71, Aldersbrook Road, London, E12 5DL, a Leasehold flat which sold for £425,000 in Apr 2023.
Read more about house prices in E12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Aldersbrook Road, London, E12 has a total of 111 addresses. According to our analysis of all the public data, 62, Aldersbrook Road, London is the 75th largest and the 59th most expensive property on the street.
When compared to the postcode district it is £40k more expensive than the average property in E12.
62, Aldersbrook Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 May 2014.
The property is connected to mains gas and has mostly secondary glazing. It is heated using a boiler and radiators.
The closest station to 62, Aldersbrook Road, London is Manor Park station which is 1.2 kilometres 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 62, Aldersbrook Road, London, 39.3% of property is privately owned outright and 32.1% 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 62, Aldersbrook Road, London, 21.4% of residents are recorded as possessing school level qualifications and 56.3% 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 62, Aldersbrook Road, London, the average age was 39.9 and the most common age was 42.
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 62, Aldersbrook Road, London, 2.2% 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 62, Aldersbrook Road, London, there are an average of 1.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.