According to the public record, 38B , Cranmer Road, London is a period apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 38, Cranmer Road, London, E7.
Cranmer Road, London, E7 is located in the borough of Newham within the E7 postal district.
38B , Cranmer Road, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated November 2018.
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 38B Cranmer Road London as £364,838 and the rental value as £1,816 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 38B Cranmer Road London has increased by £9,932 (2.7%) and its rental value has increased by £70 per month (3.9%).
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 38B , Cranmer Road, London is in very good condition we estimate a sale value of £383,080 and rental value of £1,907 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £339,300 and a rental value of £1,689 per month.
If you were able to purchase this property for the estimated value of £364,838, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,793 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, 38B , Cranmer Road, London was last sold on 20 Jun 2001 for £75,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38B , Cranmer Road, London within a radius of 420 metres over the last 2 years.
The most recent example is 128, Godwin Road, London, E7 0LP, a Leasehold flat which sold for £360,000 in Oct 2022.
Read more about house prices in E7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cranmer Road, London, E7 has a total of 70 addresses. According to our analysis of all the public data, 38B , Cranmer Road, London is the 61st largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £129k less expensive than the average property in E7.
38B , Cranmer Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Nov 2018.
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 38B , Cranmer Road, London is Wanstead 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 38B , Cranmer Road, London, 33.9% of property is privately owned with a mortgage and 27.7% 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 38B , Cranmer Road, London, 20.7% of residents are recorded as possessing school level qualifications and 38.8% 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 38B , Cranmer Road, London, the average age was 34.6 and the most common age was 37.
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 38B , Cranmer Road, London, 1.2% 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 38B , Cranmer Road, London, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.