According to the public record, Flat 7, Chaseway Lodge 206, London is a modern leasehold apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Chaseway Lodge, Butchers Road, London, E16.
Butchers Road, London, E16 is located in the borough of Newham within the E16 postal district.
Flat 7, Chaseway Lodge 206, London has a single entry in the Land Registry database from December 2014 and a single entry in the EPC database dated May 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 Flat 7 Chaseway Lodge 206 London as £209,267 and the rental value as £1,250 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of Flat 7 Chaseway Lodge 206 London has increased by £4,623 (2.2%) and its rental value has increased by £75 per month (6.0%).
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 7, Chaseway Lodge 206, London is in very good condition we estimate a sale value of £219,730 and rental value of £1,313 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £194,618 and a rental value of £1,163 per month.
If you were able to purchase this property for the estimated value of £209,267, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,028 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 7, Chaseway Lodge 206, London was last sold on 18 Dec 2014 for £185,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2014, the market for similar properties has risen 13.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Chaseway Lodge 206, London within a radius of 350 metres over the last 2 years.
The most recent example is 56, Thorne Close, London, E16 1LP, a Leasehold flat which sold for £113,800 in Jun 2023.
Read more about house prices in E16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Butchers Road, London, E16 has a total of 262 addresses. According to our analysis of all the public data, Flat 7, Chaseway Lodge 206, London is the 251st largest and the 240th most expensive property on the street.
When compared to the postcode district it is £179k less expensive than the average property in E16.
Flat 7, Chaseway Lodge 206, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 May 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 7, Chaseway Lodge 206, London is Royal Victoria 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 7, Chaseway Lodge 206, London, 66.2% of property is socially rented and 19.9% 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 Flat 7, Chaseway Lodge 206, London, 35.0% of residents are recorded as possessing school level qualifications and 34.6% 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 7, Chaseway Lodge 206, London, the average age was 33.3 and the most common age was 27.
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 7, Chaseway Lodge 206, London, 0.2% 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 Flat 7, Chaseway Lodge 206, 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.