According to the public record, 89, Park Road, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 623 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Park Road, London, E6 is located in the borough of Newham within the E6 postal district.
89, Park Road, London has a single entry in the Land Registry database from December 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 89 Park Road London as £209,493 and the rental value as £1,414 per month giving an expected gross yield of 8.1%.
Over the last 12 months the sale value of 89 Park Road London has increased by £6,012 (2.9%) and its rental value has increased by £60 per month (4.3%).
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 89, Park Road, London is in very good condition we estimate a sale value of £219,967 and rental value of £1,484 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £194,828 and a rental value of £1,315 per month.
If you were able to purchase this property for the estimated value of £209,493, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,030 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, 89, Park Road, London was last sold on 23 Dec 2021 for £240,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2021, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 89, Park Road, London within a radius of 320 metres over the last 2 years.
The most recent example is 89, Crescent Road, London, E6 1EB, a Leasehold flat which sold for £230,000 in Jun 2021.
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, 89, Park Road, London is the 44th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £182k less expensive than the average property in E6.
The closest station to 89, 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 89, 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 89, 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 89, 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 89, 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 89, 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.