According to the public record, Flat B, 16, Ratcliff Road, London is a period apartment with 914 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 16, Ratcliff Road, London, E7.
Ratcliff Road, London, E7 is located in the borough of Newham within the E7 postal district.
Flat B, 16, Ratcliff Road, London has no records in the Land Registry database and a single entry in the EPC database dated March 2020.
We combine this information with public data 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 B 16 Ratcliff Road London as £458,035 and the rental value as £2,208 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat B 16 Ratcliff Road London has increased by £12,315 (2.7%) and its rental value has increased by £83 per month (3.7%).
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 B, 16, Ratcliff Road, London is in very good condition we estimate a sale value of £480,937 and rental value of £2,318 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £425,972 and a rental value of £2,053 per month.
If you were able to purchase this property for the estimated value of £458,035, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,251 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 the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat B, 16, Ratcliff Road, London within a radius of 360 metres over the last 2 years.
The most recent example is Flat 11, Metro House 98-122, Green Street, London, E7 8JG, a Leasehold flat which sold for £415,000 in Jan 2022.
Read more about house prices in E7.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ratcliff Road, London, E7 has a total of 56 addresses. According to our analysis of all the public data, Flat B, 16, Ratcliff Road, London is the 45th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £35k less expensive than the average property in E7.
Flat B, 16, Ratcliff Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Mar 2020.
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 B, 16, Ratcliff Road, London is Forest Gate station which is 700 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 B, 16, Ratcliff Road, London, 34.2% of property is privately rented and 31.5% 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 B, 16, Ratcliff Road, London, 31.9% of residents are recorded as possessing school level qualifications and 38.7% 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 B, 16, Ratcliff 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 Flat B, 16, Ratcliff 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 Flat B, 16, Ratcliff 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.