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According to the public record, 23, Newell Street is a period freehold house with 1,819 ft2 of internal area and sits on a 177 m2 plot.
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 23, Newell Street is £1,028,852 and the estimated rental value is £5,138 per month.
Newell Street, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
23, Newell Street has a single entry in the Land Registry from March 2023 and a single entry in the EPC database dated April 2022.
We combine this information with that 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 23, Newell Street is in very good condition we estimate a sale value of £1,080,295 and a rental value of £5,395 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £956,833 and a rental value of £4,778 per month.
Over the last 12 months the sale value of 23 Newell Street has decreased by an estimated £42,662 (4.1%) and its rental value has increased by an estimated £229 per month (4.5%), giving an expected gross yield of 6%.
According to data from HM Land Registry, 23, Newell Street sits on a plot of 177m2.
We have plot size data on 7 out of 10 other houses in the postcode and 23, Newell Street sits on the 2nd largest plot.
23, Newell Street has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Apr 2022.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 23, Newell Street was last sold on 28th March 2023 for £930,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since March 2023, the market for similar properties has dropped 20.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Newell Street within a radius of 270 metres over the last 2 years.
The most recent example is 13, Brightlingsea Place, London, E14 8DB, a freehold house which sold for £1,240,000 on the 31st July 2023.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newell Street, London, E14 has a total of 87 addresses. According to our analysis of all the public data, 23, Newell Street is the 10th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £554k more expensive than the average property in E14.
The nearest school is Cyril Jackson Primary School which is 200 metres away. The nearest train station is Westferry which is 400 metres away.
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