According to the public record, 12A, Credon Road, London is a period leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 12, Credon Road, London, E13.
Credon Road, London, E13 is located in the borough of Newham within the E13 postal district.
12A, Credon Road, London has 31 entries in the Land Registry database, most recently in January 2014 and a single entry in the EPC database dated December 2022.
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 12A Credon Road London as £167,105 and the rental value as £1,012 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 12A Credon Road London has increased by £4,641 (2.8%) and its rental value has increased by £44 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 12A, Credon Road, London is in very good condition we estimate a sale value of £175,460 and rental value of £1,063 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £155,407 and a rental value of £942 per month.
If you were able to purchase this property for the estimated value of £167,105, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £821 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, 12A, Credon Road, London was last sold on 28 Jan 2014 for £110,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jan 2014, the market for similar properties has risen 49.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12A, Credon Road, London within a radius of 320 metres over the last 2 years.
The most recent example is 120A, Western Road, London, E13 9JF, a Leasehold flat which sold for £172,500 in Jul 2018.
Read more about house prices in E13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Credon Road, London, E13 has a total of 110 addresses. According to our analysis of all the public data, 12A, Credon Road, London is the 87th largest and the 109th most expensive property on the street.
When compared to the postcode district it is £210k less expensive than the average property in E13.
12A, Credon Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Dec 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 12A, Credon Road, London is Upton Park station which is 600 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 12A, Credon Road, London, 44.4% of property is privately rented and 21.8% is privately owned outright.
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 12A, Credon Road, London, 22.7% of residents are recorded as possessing school level qualifications and 37.0% 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 12A, Credon Road, London, the average age was 34 and the most common age was 32.
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 12A, Credon 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 12A, Credon 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.