According to the public record, 28B, Morton Road, London is a period leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 28, Morton Road, London, E15.
Morton Road, London, E15 is located in the borough of Newham within the E15 postal district.
28B, Morton Road, London has 2 entries in the Land Registry database, most recently in September 2017 and a single entry in the EPC database dated September 2016.
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 28B Morton Road London as £262,102 and the rental value as £1,806 per month giving an expected gross yield of 8.3%.
Over the last 12 months the sale value of 28B Morton Road London has increased by £6,837 (2.6%) and its rental value has increased by £79 per month (4.4%).
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 28B, Morton Road, London is in very good condition we estimate a sale value of £275,207 and rental value of £1,897 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £243,755 and a rental value of £1,680 per month.
If you were able to purchase this property for the estimated value of £262,102, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,288 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, 28B, Morton Road, London was last sold on 01 Sep 2017 for £291,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2017, the market for similar properties has risen 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 28B, Morton Road, London within a radius of 370 metres over the last 2 years.
The most recent example is 133A, Vicarage Lane, London, E15 4HJ, a Leasehold flat which sold for £302,000 in Jun 2023.
Read more about house prices in E15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morton Road, London, E15 has a total of 33 addresses. According to our analysis of all the public data, 28B, Morton Road, London is the 30th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £177k less expensive than the average property in E15.
28B, Morton Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Sep 2016.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 28B, Morton Road, London is Stratford High Street station which is 800 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 28B, Morton Road, London, 42.6% of property is privately rented and 24.1% is privately owned with a mortgage.
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 28B, Morton Road, London, 15.2% of residents are recorded as possessing school level qualifications and 44.4% 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 28B, Morton Road, London, the average age was 34.9 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 28B, Morton Road, London, 0.9% 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 28B, Morton 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.