According to the public record, Ground Floor Flat, 1, Durham Road, London is a period apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 1, Durham Road, London, E16.
Durham Road, London, E16 is located in the borough of Newham within the E16 postal district.
Ground Floor Flat, 1, Durham Road, London has no records in the Land Registry database and no records in the EPC database.
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 Ground Floor Flat 1 Durham Road London as £207,286 and the rental value as £1,236 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of Ground Floor Flat 1 Durham Road London has increased by £6,027 (2.9%) and its rental value has increased by £70 per month (5.6%).
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 Ground Floor Flat, 1, Durham Road, London is in very good condition we estimate a sale value of £217,651 and rental value of £1,298 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £192,776 and a rental value of £1,150 per month.
If you were able to purchase this property for the estimated value of £207,286, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,019 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 3 sales of properties similar to Ground Floor Flat, 1, Durham Road, London within a radius of 360 metres over the last 2 years.
The most recent example is 44, Comyns Close, London, E16 4JJ, a Leasehold flat which sold for £240,000 in Mar 2019.
Read more about house prices in E16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Durham Road, London, E16 has a total of 53 addresses. According to our analysis of all the public data, Ground Floor Flat, 1, Durham Road, London is the 53rd largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £181k less expensive than the average property in E16.
The closest station to Ground Floor Flat, 1, Durham Road, London is Star Lane station which is 300 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 Ground Floor Flat, 1, Durham Road, London, 60.5% of property is privately rented and 20.2% is socially 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 Ground Floor Flat, 1, Durham Road, London, 26.6% of residents are recorded as possessing school level qualifications and 29.8% 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 Ground Floor Flat, 1, Durham Road, 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 Ground Floor Flat, 1, Durham Road, London, 0.3% 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 Ground Floor Flat, 1, Durham Road, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.