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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Vale Road is £382,050 and the estimated rental value is £2,015 per month.
The apartment is within 2, Vale Road, London, E7.
Vale Road, London, E7 is located in the borough of Newham within the E7 postal district.
2, Vale Road has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2023.
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, Vale Road is in very good condition we estimate a sale value of £401,152 and a rental value of £2,116 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £355,306 and a rental value of £1,874 per month.
Over the last 12 months the sale value of 2 Vale Road has decreased by an estimated £2,421 (0.6%) and its rental value has increased by an estimated £78 per month (3.9%), giving an expected gross yield of 6.3%.
2, Vale Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Sep 2023.
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, Vale Road was last sold on 23rd June 2000 for £84,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Vale Road within a radius of 340 metres over the last 2 years.
The most recent example is Flat 9, 2G, Vale Road, London, E7 8FE, a leasehold flat which sold for £365,000 on the 21st March 2023.
Read more about house prices in E7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Vale Road, London, E7 has a total of 68 addresses. According to our analysis of all the public data, 2, Vale Road is the 47th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in E7.
The nearest school is St Angela's Ursuline School which is 396 metres away. The nearest train station is Forest Gate which is 500 metres away.
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