According to the public record, 371A, Prince Regent Lane, London is a modern leasehold apartment with 1,076 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 371, Prince Regent Lane, London, E16.
Prince Regent Lane, London, E16 is located in the borough of Newham within the E16 postal district.
371A, Prince Regent Lane, London has 2 entries in the Land Registry database, most recently in March 2016 and a single entry in the EPC database dated November 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 371A Prince Regent Lane London as £371,119 and the rental value as £2,084 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 371A Prince Regent Lane London has increased by £7,027 (1.9%) and its rental value has increased by £117 per month (5.6%).
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 371A, Prince Regent Lane, London is in very good condition we estimate a sale value of £389,675 and rental value of £2,189 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £345,140 and a rental value of £1,938 per month.
If you were able to purchase this property for the estimated value of £371,119, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,824 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, 371A, Prince Regent Lane, London was last sold on 24 Mar 2016 for £435,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2016, the market for similar properties has dropped 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 371A, Prince Regent Lane, London within a radius of 350 metres over the last 2 years.
The most recent example is 40, Devonshire Road, London, E16 3NB, a Leasehold flat which sold for £332,500 in Dec 2022.
Read more about house prices in E16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prince Regent Lane, London, E16 has a total of 118 addresses. According to our analysis of all the public data, 371A, Prince Regent Lane, London is the 18th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £17k less expensive than the average property in E16.
371A, Prince Regent Lane, London has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 24 Nov 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 371A, Prince Regent Lane, London is Prince Regent 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 371A, Prince Regent Lane, London, 42.6% of property is socially rented and 29.5% 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 371A, Prince Regent Lane, London, 29.0% of residents are recorded as possessing school level qualifications and 29.2% 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 371A, Prince Regent Lane, London, the average age was 34.3 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 371A, Prince Regent Lane, 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 371A, Prince Regent Lane, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.