According to the public record, 62, Fife Road, London is a mid-century leasehold apartment with 914 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Fife Road, London, E16 is located in the borough of Newham within the E16 postal district.
62, Fife Road, London has 31 entries in the Land Registry database, most recently in July 2022 and a single entry in the EPC database dated February 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 62 Fife Road London as £325,206 and the rental value as £1,887 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 62 Fife Road London has increased by £5,220 (1.6%) and its rental value has increased by £84 per month (4.4%).
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, Fife Road, London is in very good condition we estimate a sale value of £341,467 and rental value of £1,982 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £302,442 and a rental value of £1,755 per month.
If you were able to purchase this property for the estimated value of £325,206, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,598 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, Fife Road, London was last sold on 08 Jul 2022 for £320,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2022, the market for similar properties has dropped 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Fife Road, London within a radius of 300 metres over the last 2 years.
The most recent example is 129, Fords Park Road, London, E16 1PR, a Leasehold flat which sold for £335,000 in Aug 2023.
Read more about house prices in E16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fife Road, London, E16 has a total of 55 addresses. According to our analysis of all the public data, 62, Fife Road, London is the 29th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £63k less expensive than the average property in E16.
62, Fife Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Feb 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 62, Fife Road, London is Royal Victoria station which is 700 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 62, Fife Road, London, 54.6% of property is privately rented and 17.1% 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 62, Fife Road, London, 20.4% of residents are recorded as possessing school level qualifications and 35.2% 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, Fife Road, London, the average age was 33.4 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 62, Fife 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 62, Fife 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.