According to the public record, 79, Otter Close, London is a modern leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Otter Close, London, E15 is located in the borough of Newham within the E15 postal district.
79, Otter Close, London has 2 entries in the Land Registry database, most recently in June 2023 and a single entry in the EPC database dated March 2021.
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 79 Otter Close London as £373,170 and the rental value as £2,376 per month giving an expected gross yield of 7.6%.
Over the last 12 months the sale value of 79 Otter Close London has increased by £5,590 (1.5%) and its rental value has increased by £88 per month (3.7%).
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 79, Otter Close, London is in very good condition we estimate a sale value of £391,828 and rental value of £2,495 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £347,048 and a rental value of £2,210 per month.
If you were able to purchase this property for the estimated value of £373,170, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,834 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, 79, Otter Close, London was last sold on 16 Jun 2023 for £372,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2023, the market for similar properties has risen 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 79, Otter Close, London within a radius of 300 metres over the last 2 years.
The most recent example is 69, Otter Close, London, E15 2PT, a Leasehold flat which sold for £365,000 in Mar 2024.
Read more about house prices in E15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Otter Close, London, E15 has a total of 124 addresses. According to our analysis of all the public data, 79, Otter Close, London is the 13th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £66k less expensive than the average property in E15.
79, Otter Close, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Mar 2021.
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 79, Otter Close, London is Pudding Mill Lane station which is 300 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 79, Otter Close, London, 42.3% of property is privately rented and 21.8% 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 79, Otter Close, London, 32.9% of residents are recorded as possessing school level qualifications and 37.8% 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 79, Otter Close, London, the average age was 33.6 and the most common age was 27.
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 79, Otter Close, 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 79, Otter Close, London, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.