According to the public record, 159B, Wakefield Street, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 556 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 159, Wakefield Street, London, E6.
Wakefield Street, London, E6 is located in the borough of Newham within the E6 postal district.
159B, Wakefield Street, London has 21 entries in the Land Registry database, most recently in November 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 159B Wakefield Street London as £252,555 and the rental value as £1,733 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of 159B Wakefield Street London has increased by £6,470 (2.6%) and its rental value has increased by £73 per month (4.2%).
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 159B, Wakefield Street, London is in very good condition we estimate a sale value of £265,183 and rental value of £1,819 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £234,876 and a rental value of £1,611 per month.
If you were able to purchase this property for the estimated value of £252,555, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,241 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, 159B, Wakefield Street, London was last sold on 29 Nov 2007 for £150,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2007, the market for similar properties has risen 56.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 159B, Wakefield Street, London within a radius of 320 metres over the last 2 years.
The most recent example is 10A, Oakfield Road, London, E6 1LW, a Leasehold flat which sold for £260,000 in Sep 2023.
Read more about house prices in E6.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wakefield Street, London, E6 has a total of 230 addresses. According to our analysis of all the public data, 159B, Wakefield Street, London is the 158th largest and the 196th most expensive property on the street.
When compared to the postcode district it is £138k less expensive than the average property in E6.
The closest station to 159B, Wakefield Street, London is Upton Park 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 159B, Wakefield Street, London, 42.0% of property is privately rented and 19.9% 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 159B, Wakefield Street, London, 27.5% of residents are recorded as possessing school level qualifications and 30.1% 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 159B, Wakefield Street, London, the average age was 32.5 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 159B, Wakefield Street, 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 159B, Wakefield Street, 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.