According to the public record, 61C , Claremont Road, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 568 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 61, Claremont Road, London, E7.
Claremont Road, London, E7 is located in the borough of Newham within the E7 postal district.
61C , Claremont Road, London has a single entry in the Land Registry database from March 2007 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 61C Claremont Road London as £328,375 and the rental value as £1,759 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 61C Claremont Road London has increased by £9,062 (2.8%) and its rental value has increased by £67 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 61C , Claremont Road, London is in very good condition we estimate a sale value of £344,794 and rental value of £1,847 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £305,389 and a rental value of £1,636 per month.
If you were able to purchase this property for the estimated value of £328,375, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,614 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, 61C , Claremont Road, London was last sold on 26 Mar 2007 for £183,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2007, the market for similar properties has risen 78.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61C , Claremont Road, London within a radius of 410 metres over the last 2 years.
The most recent example is 550, Katherine Road, London, E7 8EA, a Leasehold flat which sold for £326,568 in May 2023.
Read more about house prices in E7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Claremont Road, London, E7 has a total of 204 addresses. According to our analysis of all the public data, 61C , Claremont Road, London is the 155th largest and the 147th most expensive property on the street.
When compared to the postcode district it is £165k less expensive than the average property in E7.
The closest station to 61C , Claremont Road, London is Wanstead Park station which is 600 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 61C , Claremont Road, London, 36.9% of property is privately owned outright and 27.0% 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 61C , Claremont Road, London, 26.6% of residents are recorded as possessing school level qualifications and 38.9% 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 61C , Claremont 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 61C , Claremont 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 61C , Claremont Road, London, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.