According to the public record, 7, Park Road, London is a mid-century apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Park Road, London, E6 is located in the borough of Newham within the E6 postal district.
7, Park Road, London has no records in the Land Registry database and a single entry in the EPC database dated March 2022.
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 7 Park Road London as £238,607 and the rental value as £1,595 per month giving an expected gross yield of 8%.
Over the last 12 months the sale value of 7 Park Road London has increased by £6,684 (2.8%) and its rental value has increased by £67 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 7, Park Road, London is in very good condition we estimate a sale value of £250,538 and rental value of £1,675 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £221,905 and a rental value of £1,484 per month.
If you were able to purchase this property for the estimated value of £238,607, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,173 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 7, Park Road, London within a radius of 320 metres over the last 2 years.
The most recent example is Flat 14, Austin Court, Florence Road, London, E6 1DU, a Leasehold flat which sold for £270,000 in Jun 2022.
Read more about house prices in E6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road, London, E6 has a total of 46 addresses. According to our analysis of all the public data, 7, Park Road, London is the 21st largest and the 21st most expensive property on the street.
When compared to the postcode district it is £152k less expensive than the average property in E6.
7, Park Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Mar 2022.
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, Park Road, London is Upton Park station which is 200 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, Park Road, London, 47.5% of property is socially rented and 30.0% 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, Park Road, London, 33.3% of residents are recorded as possessing school level qualifications and 31.7% 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, Park Road, London, the average age was 32.9 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, Park Road, London, 0.0% 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, 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.