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By comparing it to neighbours, we estimate that it is a modern apartment with 827 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Royal Quay Road is £498,090 and the estimated rental value is £3,019 per month.
Royal Quay Road, London, E16 is located in the borough of Newham within the E16 postal district.
16, Royal Quay Road has a single entry in the Land Registry from April 2023 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 16, Royal Quay Road is in very good condition we estimate a sale value of £522,995 and a rental value of £3,170 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £463,224 and a rental value of £2,807 per month.
Over the last 12 months the sale value of 16 Royal Quay Road has decreased by an estimated £15,815 (3.2%) and its rental value has increased by an estimated £136 per month (4.5%), giving an expected gross yield of 7.3%.
According to HM Land Registry, 16, Royal Quay Road was last sold on 28th April 2023 for £615,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2023, the market for similar properties has dropped 24.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Royal Quay Road within a radius of 300 metres over the last 2 years.
The most recent example is Flat 25, Cargo House 1, Silley Weir Promenade, London, E16 2AJ, a leasehold flat which sold for £565,000 on the 22nd March 2024.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Royal Quay Road, London, E16 has a total of 126 addresses. According to our analysis of all the public data, 16, Royal Quay Road is the 57th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £116k more expensive than the average property in E16.
The nearest school is London Design and Engineering UTC which is 500 metres away. The nearest train station is Gallions Reach which is 100 metres away.
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