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249 Hermit Road is a residential building situated on Hermit Road, London, E16 with 11 addresses.
It ranks as the 470th largest and 442nd most expensive of the 753 buildings in the E16 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 11 properties: 11 flats.
249 Hermit Road is a residential building situated on Hermit Road, London, E16 with 11 addresses.
It ranks as the 470th largest and 442nd most expensive of the 753 buildings in the E16 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 11 properties: 11 flats.
Sale prices range from £249,705 for 1 bedroom leasehold flats with a balcony (419 ft2) to £426,766 for 3 bedroom leasehold flats with a balcony (1,033 ft2) .
Monthly rental prices range from £1,554 pcm for 1 bed flats to £2,563 pcm for 3 bed flats.
The gross rental yield is between 7.2% and 7.5%.
The average value per square foot is £497.
The last sale in 249 Hermit Road sold for £345,000 on 12th June 2020. Since then prices are down an average of 2.1%.
The current average value in the building is £317,914.
The 249 Hermit Road Sales Market has increased by 3.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.5% | £317,914 |
| April 2025 | 1.5% | £326,198 |
| April 2024 | -2.9% | £321,484 |
| April 2023 | -0.4% | £331,031 |
| April 2022 | 4.7% | £332,368 |
| April 2021 | -1.9% | £317,340 |
| April 2020 | 0.5% | £323,481 |
| April 2019 | -1% | £321,999 |
| April 2018 | 0.7% | £325,151 |
| April 2017 | 5.6% | £322,915 |
| April 2016 | 8.4% | £305,885 |
| April 2015 | 15.4% | £282,095 |
| April 2014 | 17.8% | £244,485 |
| April 2013 | 1.9% | £207,592 |
| April 2012 | 2.8% | £203,743 |
| April 2011 | -2.2% | £198,224 |
| April 2010 | 7.2% | £202,708 |
| April 2009 | -15.2% | £189,109 |
| April 2008 | 4.2% | £223,111 |
| April 2007 | 0% | £214,165 |
The current average rental value in the building is £1,963.
The 249 Hermit Road Rental Market has increased by 42.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.3% | £1,963pcm |
| April 2025 | 0.7% | £1,864pcm |
| April 2024 | 7.5% | £1,851pcm |
| April 2023 | 16.8% | £1,722pcm |
| April 2022 | 10.5% | £1,474pcm |
| April 2021 | -6.1% | £1,333pcm |
| April 2020 | 2.5% | £1,419pcm |
| April 2019 | 2.8% | £1,385pcm |
| April 2018 | -1% | £1,347pcm |
| April 2017 | -1.3% | £1,361pcm |
| April 2016 | 1.2% | £1,378pcm |
| April 2015 | 7.4% | £1,362pcm |
| April 2014 | 4.4% | £1,268pcm |
| April 2013 | -0.3% | £1,215pcm |
| April 2012 | 12.7% | £1,218pcm |
| April 2011 | 4.6% | £1,081pcm |
| April 2010 | 0.7% | £1,034pcm |
| April 2009 | -3.8% | £1,027pcm |
| April 2008 | 8.4% | £1,067pcm |
| April 2007 | 0% | £984pcm |
The last sale was on 12th June 2020 for £345,000 and since then the market in the area has decreased by 2.1%. The building has had a total of 12 sales since 1995.
249, Hermit Road, London, E16 4LA has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 249, Hermit Road, London, E16 4LA is West Ham station which is 700 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 249, Hermit Road, London, E16 4LA, 49.4% of property is privately rented and 31.2% 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 249, Hermit Road, London, E16 4LA, 22.4% of residents are recorded as possessing school level qualifications and 36.3% 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 249, Hermit Road, London, E16 4LA, the average age was 34.7 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 249, Hermit Road, London, E16 4LA, 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 249, Hermit Road, London, E16 4LA, 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.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.