According to the public record, Flat 1, 5, Somers Road, London is a period leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 5, Somers Road, London, E17.
Somers Road, London, E17 is located in the borough of Waltham Forest within the E17 postal district.
Flat 1, 5, Somers Road, London has 31 entries in the Land Registry database, most recently in October 2022 and a single entry in the EPC database dated April 2022.
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 Flat 1 5 Somers Road London as £546,271 and the rental value as £1,984 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of Flat 1 5 Somers Road London has increased by £23,229 (4.3%) and its rental value has increased by £89 per month (4.5%).
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 Flat 1, 5, Somers Road, London is in very good condition we estimate a sale value of £573,584 and rental value of £2,083 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £508,032 and a rental value of £1,845 per month.
If you were able to purchase this property for the estimated value of £546,271, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,685 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, Flat 1, 5, Somers Road, London was last sold on 10 Oct 2022 for £558,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2022, the market for similar properties has risen 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 5, Somers Road, London within a radius of 350 metres over the last 2 years.
The most recent example is 193, Warner Road, London, E17 7DX, a Leasehold flat which sold for £530,000 in Apr 2024.
Read more about house prices in E17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Somers Road, London, E17 has a total of 119 addresses. According to our analysis of all the public data, Flat 1, 5, Somers Road, London is the 86th largest and the 84th most expensive property on the street.
When compared to the postcode district it is £9k less expensive than the average property in E17.
Flat 1, 5, Somers Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Apr 2022.
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 Flat 1, 5, Somers Road, London is Walthamstow Queen's Road station which is 400 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 Flat 1, 5, Somers Road, London, 35.0% of property is privately rented and 33.3% is privately owned outright.
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 Flat 1, 5, Somers Road, London, 18.8% of residents are recorded as possessing school level qualifications and 45.2% 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 Flat 1, 5, Somers Road, London, the average age was 34.4 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 Flat 1, 5, Somers 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 Flat 1, 5, Somers Road, London, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.