According to the public record, 8, Vernon Road, London is a period freehold house with 656 ft2 of internal area and sits on a 62.5 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Vernon Road, London, E15 is located in the borough of Newham within the E15 postal district.
8, Vernon Road, London has 21 entries in the Land Registry database, most recently in February 2012 and a single entry in the EPC database dated January 2020.
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 8 Vernon Road London as £461,494 and the rental value as £2,668 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 8 Vernon Road London has increased by £15,266 (3.3%) and its rental value has increased by £139 per month (5.2%).
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 8, Vernon Road, London is in very good condition we estimate a sale value of £484,569 and rental value of £2,801 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £429,189 and a rental value of £2,481 per month.
If you were able to purchase this property for the estimated value of £461,494, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,268 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, 8, Vernon Road, London sits on a plot of 62m2.
We have plot size data on 40 out of 48 other houses in the postcode and 8, Vernon Road, London sits on the 10th largest plot.
According to HM Land Registry, 8, Vernon Road, London was last sold on 10 Feb 2012 for £230,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Feb 2012, the market for similar properties has risen 87.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Vernon Road, London within a radius of 310 metres over the last 2 years.
The most recent example is 48, Vernon Road, London, E15 4DG, a Freehold house which sold for £438,750 in Feb 2024.
Read more about house prices in E15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Vernon Road, London, E15 has a total of 96 addresses. According to our analysis of all the public data, 8, Vernon Road, London is the 42nd largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £22k more expensive than the average property in E15.
8, Vernon Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jan 2020.
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 8, Vernon Road, London is Maryland station which is 500 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 8, Vernon Road, London, 50.6% of property is privately rented and 22.5% 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 8, Vernon Road, London, 27.8% of residents are recorded as possessing school level qualifications and 50.8% 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 8, Vernon Road, 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 8, Vernon Road, London, 3.0% 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 8, Vernon Road, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.