According to the public record, 246B, Sherrard Road, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 653 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 246, Sherrard Road, London, E12.
Sherrard Road, London, E12 is located in the borough of Newham within the E12 postal district.
246B, Sherrard Road, London has 51 entries in the Land Registry database, most recently in March 2008 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 246B Sherrard Road London as £242,112 and the rental value as £1,487 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 246B Sherrard Road London has increased by £5,725 (2.4%) and its rental value has increased by £56 per month (3.8%).
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 246B, Sherrard Road, London is in very good condition we estimate a sale value of £254,218 and rental value of £1,561 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £225,164 and a rental value of £1,383 per month.
If you were able to purchase this property for the estimated value of £242,112, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,190 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, 246B, Sherrard Road, London was last sold on 07 Mar 2008 for £175,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Mar 2008, the market for similar properties has risen 70.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 246B, Sherrard Road, London within a radius of 350 metres over the last 2 years.
The most recent example is 231, Strone Road, London, E12 6TR, a Leasehold flat which sold for £194,000 in Nov 2023.
Read more about house prices in E12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sherrard Road, London, E12 has a total of 241 addresses. According to our analysis of all the public data, 246B, Sherrard Road, London is the 161st largest and the 209th most expensive property on the street.
When compared to the postcode district it is £183k less expensive than the average property in E12.
The closest station to 246B, Sherrard Road, London is Woodgrange Park 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 246B, Sherrard Road, London, 38.5% of property is privately rented and 24.8% 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 246B, Sherrard Road, London, 27.0% of residents are recorded as possessing school level qualifications and 36.2% 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 246B, Sherrard Road, London, the average age was 32.7 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 246B, Sherrard Road, 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 246B, Sherrard Road, London, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.