According to the public record, 45A, Fairland Road, London is a period apartment with 968 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 45, Fairland Road, London, E15.
Fairland Road, London, E15 is located in the borough of Newham within the E15 postal district.
45A, Fairland Road, London has no records in the Land Registry database and a single entry in the EPC database dated November 2019.
We combine this information with public data 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 45A Fairland Road London as £594,297 and the rental value as £3,321 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 45A Fairland Road London has increased by £17,543 (3.0%) and its rental value has increased by £155 per month (4.7%).
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 45A, Fairland Road, London is in very good condition we estimate a sale value of £624,012 and rental value of £3,487 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £552,696 and a rental value of £3,088 per month.
If you were able to purchase this property for the estimated value of £594,297, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,921 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45A, Fairland Road, London within a radius of 320 metres over the last 2 years.
The most recent example is Flat 14, 110, Romford Road, London, E15 4EH, a Leasehold flat which sold for £355,000 in May 2019.
Read more about house prices in E15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairland Road, London, E15 has a total of 63 addresses. According to our analysis of all the public data, 45A, Fairland Road, London is the 50th largest and the 43rd most expensive property on the street.
When compared to the postcode district it is £155k more expensive than the average property in E15.
45A, Fairland Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Nov 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 45A, Fairland Road, London is Maryland station which is 700 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 45A, Fairland Road, London, 47.7% of property is privately rented and 18.2% 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 45A, Fairland Road, London, 15.5% of residents are recorded as possessing school level qualifications and 46.5% 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 45A, Fairland Road, London, the average age was 35 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 45A, Fairland Road, London, 2.6% 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 45A, Fairland 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.