According to the public record, 3A, Market Street, London is a mid-century leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 3, Market Street, London, E6.
Market Street, London, E6 is located in the borough of Newham within the E6 postal district.
3A, Market Street, London has a single entry in the Land Registry database from December 2017 and a single entry in the EPC database dated May 2017.
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 3A Market Street London as £232,935 and the rental value as £1,605 per month giving an expected gross yield of 8.3%.
Over the last 12 months the sale value of 3A Market Street London has increased by £6,283 (2.7%) and its rental value has increased by £71 per month (4.4%).
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 3A, Market Street, London is in very good condition we estimate a sale value of £244,581 and rental value of £1,686 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £216,629 and a rental value of £1,493 per month.
If you were able to purchase this property for the estimated value of £232,935, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,145 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, 3A, Market Street, London was last sold on 20 Dec 2017 for £158,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2017, the market for similar properties has risen 10.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3A, Market Street, London within a radius of 380 metres over the last 2 years.
The most recent example is 6, Market Street, London, E6 2RH, a Leasehold flat which sold for £250,000 in Dec 2021.
Read more about house prices in E6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Market Street, London, E6 has a total of 176 addresses. According to our analysis of all the public data, 3A, Market Street, London is the 122nd largest and the 122nd most expensive property on the street.
When compared to the postcode district it is £158k less expensive than the average property in E6.
3A, Market Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 May 2017.
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 3A, Market Street, London is East Ham station which is 1.0 kilometres 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 3A, Market Street, London, 51.1% of property is privately rented and 29.2% is socially 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 3A, Market Street, London, 20.2% of residents are recorded as possessing school level qualifications and 49.4% 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 3A, Market Street, London, the average age was 33.7 and the most common age was 42.
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 3A, Market Street, London, 0.6% 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 3A, Market Street, London, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.