According to the public record, 7, New City Road, London is a period freehold house with 968 ft2 of internal area and sits on a 125 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
New City Road, London, E13 is located in the borough of Newham within the E13 postal district.
7, New City Road, London has a single entry in the Land Registry database from January 2011 and a single entry in the EPC database dated August 2017.
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 7 New City Road London as £411,285 and the rental value as £2,244 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 7 New City Road London has increased by £15,412 (3.7%) and its rental value has increased by £119 per month (5.3%).
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 7, New City Road, London is in very good condition we estimate a sale value of £431,849 and rental value of £2,356 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £382,495 and a rental value of £2,087 per month.
If you were able to purchase this property for the estimated value of £411,285, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,021 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, 7, New City Road, London sits on a plot of 125m2.
We have plot size data on 12 out of 15 other houses in the postcode and 7, New City Road, London sits on the largest plot.
According to HM Land Registry, 7, New City Road, London was last sold on 14 Jan 2011 for £205,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2011, the market for similar properties has risen 111.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, New City Road, London within a radius of 300 metres over the last 2 years.
The most recent example is 61, Jedburgh Road, London, E13 9LF, a Freehold house which sold for £410,000 in Jun 2022.
Read more about house prices in E13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New City Road, London, E13 has a total of 227 addresses. According to our analysis of all the public data, 7, New City Road, London is the 50th largest and the 86th most expensive property on the street.
When compared to the postcode district it is £34k more expensive than the average property in E13.
7, New City Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Aug 2017.
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 7, New City Road, London is Upton Park station which is 900 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 7, New City Road, London, 43.4% of property is socially rented and 25.2% is privately 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 7, New City Road, London, 31.0% of residents are recorded as possessing school level qualifications and 27.1% 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 7, New City Road, London, the average age was 34.1 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 7, New City Road, London, 0.5% 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 7, New City 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.