According to the public record, 7B, Whitta Road, London is a mid-century leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 7, Whitta Road, London, E12.
Whitta Road, London, E12 is located in the borough of Newham within the E12 postal district.
7B, Whitta Road, London has a single entry in the Land Registry database from February 2013 and a single entry in the EPC database dated February 2023.
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 7B Whitta Road London as £226,698 and the rental value as £1,449 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 7B Whitta Road London has increased by £4,763 (2.1%) and its rental value has increased by £57 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 7B, Whitta Road, London is in very good condition we estimate a sale value of £238,032 and rental value of £1,521 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,829 and a rental value of £1,347 per month.
If you were able to purchase this property for the estimated value of £226,698, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,114 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, 7B, Whitta Road, London was last sold on 12 Feb 2013 for £104,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2013, the market for similar properties has risen 80.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7B, Whitta Road, London within a radius of 480 metres over the last 2 years.
The most recent example is 91, Forest View Road, London, E12 5HU, a Leasehold flat which sold for £245,000 in Jun 2021.
Read more about house prices in E12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Whitta Road, London, E12 has a total of 137 addresses. According to our analysis of all the public data, 7B, Whitta Road, London is the 98th largest and the 114th most expensive property on the street.
When compared to the postcode district it is £198k less expensive than the average property in E12.
7B, Whitta Road, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Feb 2023.
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 7B, Whitta Road, London is Manor Park station which is 200 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 7B, Whitta Road, London, 55.1% of property is socially rented and 24.6% 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 7B, Whitta Road, London, 23.1% of residents are recorded as possessing school level qualifications and 40.5% 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 7B, Whitta Road, London, the average age was 33.8 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 7B, Whitta 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 7B, Whitta Road, 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.