According to the public record, Flat 47, Upton Heights 214, London is a modern leasehold apartment with 473 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony and garden.
The apartment is in Upton Heights, Upton Lane, London, E7.
Upton Lane, London, E7 is located in the borough of Newham within the E7 postal district.
Flat 47, Upton Heights 214, London has 2 entries in the Land Registry database, most recently in May 2015 and a single entry in the EPC database dated June 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 Flat 47 Upton Heights 214 London as £246,660 and the rental value as £1,596 per month giving an expected gross yield of 7.8%.
Over the last 12 months the sale value of Flat 47 Upton Heights 214 London has increased by £6,957 (2.8%) and its rental value has increased by £63 per month (4.0%).
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 47, Upton Heights 214, London is in very good condition we estimate a sale value of £258,993 and rental value of £1,675 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £229,394 and a rental value of £1,484 per month.
If you were able to purchase this property for the estimated value of £246,660, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,212 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 47, Upton Heights 214, London was last sold on 13 May 2015 for £125,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2015, the market for similar properties has risen 27.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 47, Upton Heights 214, London within a radius of 410 metres over the last 2 years.
The most recent example is Flat 4, Dennis House 15, Disraeli Road, London, E7 9LL, a Leasehold flat which sold for £240,000 in Oct 2022.
Read more about house prices in E7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Upton Lane, London, E7 has a total of 397 addresses. According to our analysis of all the public data, Flat 47, Upton Heights 214, London is the 338th largest and the 335th most expensive property on the street.
When compared to the postcode district it is £247k less expensive than the average property in E7.
Flat 47, Upton Heights 214, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Jun 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 47, Upton Heights 214, London is Forest Gate station which is 900 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 47, Upton Heights 214, London, 41.6% of property is privately rented and 21.1% is privately owned with a mortgage.
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 47, Upton Heights 214, London, 27.1% of residents are recorded as possessing school level qualifications and 37.0% 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 47, Upton Heights 214, London, the average age was 34.9 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 47, Upton Heights 214, London, 2.0% 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 Flat 47, Upton Heights 214, 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.