According to the public record, 71A, Stratford Road, London is a mid-century leasehold apartment with 744 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 71, Stratford Road, London, E13.
Stratford Road, London, E13 is located in the borough of Newham within the E13 postal district.
71A, Stratford Road, London has 31 entries in the Land Registry database, most recently in July 2020 and a single entry in the EPC database dated October 2010.
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 71A Stratford Road London as £337,276 and the rental value as £1,836 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 71A Stratford Road London has increased by £10,304 (3.1%) and its rental value has increased by £86 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 71A, Stratford Road, London is in very good condition we estimate a sale value of £354,140 and rental value of £1,928 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £313,667 and a rental value of £1,708 per month.
If you were able to purchase this property for the estimated value of £337,276, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,658 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, 71A, Stratford Road, London was last sold on 03 Jul 2020 for £350,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2020, the market for similar properties has risen 4.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 71A, Stratford Road, London within a radius of 320 metres over the last 2 years.
The most recent example is 21A, High Street, London, E13 0AD, a Leasehold flat which sold for £350,000 in Jun 2022.
Read more about house prices in E13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stratford Road, London, E13 has a total of 142 addresses. According to our analysis of all the public data, 71A, Stratford Road, London is the 70th largest and the 69th most expensive property on the street.
When compared to the postcode district it is £40k less expensive than the average property in E13.
71A, Stratford Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Oct 2010.
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 71A, Stratford Road, London is Plaistow station which is 300 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 71A, Stratford Road, London, 45.4% of property is socially rented and 32.3% 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 71A, Stratford Road, London, 24.8% of residents are recorded as possessing school level qualifications and 39.0% 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 71A, Stratford Road, London, the average age was 35.1 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 71A, Stratford Road, London, 0.3% 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 71A, Stratford 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.