According to the public record, 68B, Wakefield Street, London is a mid-century leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 68, Wakefield Street, London, E6.
Wakefield Street, London, E6 is located in the borough of Newham within the E6 postal district.
68B, Wakefield Street, London has a single entry in the Land Registry database from June 2009 and a single entry in the EPC database dated January 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 68B Wakefield Street London as £315,154 and the rental value as £1,946 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of 68B Wakefield Street London has increased by £8,026 (2.5%) and its rental value has increased by £82 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 68B, Wakefield Street, London is in very good condition we estimate a sale value of £330,912 and rental value of £2,044 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £293,094 and a rental value of £1,810 per month.
If you were able to purchase this property for the estimated value of £315,154, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,549 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, 68B, Wakefield Street, London was last sold on 17 Jun 2009 for £135,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2009, the market for similar properties has risen 98.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 68B, Wakefield Street, London within a radius of 310 metres over the last 2 years.
The most recent example is 90, Wakefield Street, London, E6 1NQ, a Leasehold flat which sold for £325,000 in Nov 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, 68B, Wakefield Street, London is the 112th largest and the 117th most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in E6.
68B, Wakefield Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jan 2016.
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 68B, Wakefield Street, London is East Ham station which is 500 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 68B, Wakefield Street, London, 34.4% of property is privately rented and 30.4% is socially 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 68B, Wakefield Street, London, 35.2% of residents are recorded as possessing school level qualifications and 31.9% 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 68B, Wakefield Street, London, the average age was 33.7 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 68B, 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 68B, Wakefield Street, 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.