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According to the public record, 2, Trader Road is a mid-century freehold house with 850 ft2 of internal area and sits on a 196 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Trader Road is £480,061 and the estimated rental value is £2,150 per month.
Trader Road, London, E6 is located in the borough of Newham within the E6 postal district.
2, Trader Road has 21 entries in the Land Registry , most recently in March 2007 and a single entry in the EPC database dated May 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, Trader Road is in very good condition we estimate a sale value of £504,064 and a rental value of £2,258 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £446,456 and a rental value of £2,000 per month.
Over the last 12 months the sale value of 2 Trader Road has decreased by an estimated £18,597 (3.9%) and its rental value has increased by an estimated £90 per month (4.2%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 2, Trader Road sits on a plot of 196m2.
We have plot size data on 36 out of 40 other houses in the postcode and 2, Trader Road sits on the 25th largest plot.
2, Trader Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 May 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Trader Road was last sold on 2nd March 2007 for £250,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since March 2007, the market for similar properties has risen 79.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Trader Road within a radius of 410 metres over the last 2 years.
The most recent example is 11, Tynemouth Close, London, E6 6ZE, a freehold house which sold for £435,000 on the 29th June 2021.
Read more about house prices in E6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Trader Road, London, E6 has a total of 40 addresses. According to our analysis of all the public data, 2, Trader Road is the 17th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £97k more expensive than the average property in E6.
The nearest school is London Design and Engineering UTC which is 279 metres away. The nearest train station is Gallions Reach which is 300 metres away.
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