According to the public record, Flat 7, Oldham House 3A, London is a modern leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Oldham House, Grantham Road, London, E12.
Grantham Road, London, E12 is located in the borough of Newham within the E12 postal district.
Flat 7, Oldham House 3A, London has 2 entries in the Land Registry database, most recently in April 2019 and a single entry in the EPC database dated July 2021.
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 Oldham House 3A London as £217,358 and the rental value as £1,300 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of Flat 7 Oldham House 3A London has decreased by £2,130 (1.0%) and its rental value has increased by £23 per month (1.8%).
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 Flat 7, Oldham House 3A, London is in very good condition we estimate a sale value of £228,226 and rental value of £1,365 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £202,143 and a rental value of £1,209 per month.
If you were able to purchase this property for the estimated value of £217,358, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,068 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, Oldham House 3A, London was last sold on 05 Apr 2019 for £215,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2019, the market for similar properties has risen 5.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Oldham House 3A, London within a radius of 370 metres over the last 2 years.
The most recent example is Flat 6, Oldham House 3A, Grantham Road, London, E12 5AH, a Leasehold flat which sold for £235,000 in Oct 2018.
Read more about house prices in E12.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grantham Road, London, E12 has a total of 607 addresses. According to our analysis of all the public data, Flat 7, Oldham House 3A, London is the 599th largest and the 333rd most expensive property on the street.
When compared to the postcode district it is £207k less expensive than the average property in E12.
Flat 7, Oldham House 3A, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Jul 2021.
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 7, Oldham House 3A, London is Ilford 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 Flat 7, Oldham House 3A, London, 55.2% of property is socially rented and 23.4% 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, Oldham House 3A, London, 33.7% of residents are recorded as possessing school level qualifications and 33.3% 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, Oldham House 3A, London, the average age was 32 and the most common age was 12.
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, Oldham House 3A, London, 0.5% 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, Oldham House 3A, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.