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According to the public record, 2, Rope Terrace is a modern house with 1,388 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Rope Terrace is £782,927 and the estimated rental value is £3,748 per month.
Rope Terrace, London, E16 is located in the borough of Newham within the E16 postal district.
2, Rope Terrace has no records in the the Land Registry and a single entry in the EPC database dated January 2017.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 2, Rope Terrace is in very good condition we estimate a sale value of £822,073 and a rental value of £3,936 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £728,122 and a rental value of £3,486 per month.
Over the last 12 months the sale value of 2 Rope Terrace has decreased by an estimated £29,523 (3.8%) and its rental value has increased by an estimated £155 per month (4.1%), giving an expected gross yield of 5.7%.
2, Rope Terrace has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Jan 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Rope Terrace within a radius of 190 metres over the last 2 years.
The most recent example is 1, Rope Terrace, London, E16 2PQ, a leasehold house which sold for £740,000 on the 30th April 2024.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rope Terrace, London, E16 has a total of 41 addresses. According to our analysis of all the public data, 2, Rope Terrace is the 9th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £403k more expensive than the average property in E16.
The nearest school is Royal Wharf Primary School which is 175 metres away. The nearest train station is Pontoon Dock which is 300 metres away.
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