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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 243, Hermit Road is a modern apartment with 699 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 243, Hermit Road is £467,207 and the estimated rental value is £2,602 per month.
Hermit Road, London, E16 is located in the borough of Newham within the E16 postal district.
243, Hermit Road has no records in the the Land Registry and a single entry in the EPC database dated July 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 243, Hermit Road is in very good condition we estimate a sale value of £490,567 and a rental value of £2,732 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £434,502 and a rental value of £2,420 per month.
Over the last 12 months the sale value of 243 Hermit Road has decreased by an estimated £15,118 (3.2%) and its rental value has increased by an estimated £143 per month (5.5%), giving an expected gross yield of 6.7%.
243, Hermit Road has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Jul 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 the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 243, Hermit Road within a radius of 450 metres over the last 2 years.
The most recent example is 247, Hermit Road, London, E16 4LA, a leasehold flat which sold for £320,000 on the 7th February 2018.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hermit Road, London, E16 has a total of 218 addresses. According to our analysis of all the public data, 243, Hermit Road is the 93rd largest and the 19th most expensive property on the street.
When compared to the postcode district it is £87k more expensive than the average property in E16.
The nearest school is Eastlea Community School which is 270 metres away. The nearest train station is West Ham which is 700 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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