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According to the public record, 27, Wakelin Road is a mid-century leasehold apartment with 581 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 27, Wakelin Road is £219,734 and the estimated rental value is £1,449 per month.
The apartment is within 27, Wakelin Road, London, E15.
Wakelin Road, London, E15 is located in the borough of Newham within the E15 postal district.
27, Wakelin Road has a single entry in the Land Registry from December 2021 and a single entry in the EPC database dated December 2021.
We combine this information with that 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 27, Wakelin Road is in very good condition we estimate a sale value of £230,721 and a rental value of £1,522 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £204,353 and a rental value of £1,348 per month.
Over the last 12 months the sale value of 27 Wakelin Road has decreased by an estimated £4,850 (2.2%) and its rental value has increased by an estimated £70 per month (4.8%), giving an expected gross yield of 7.9%.
27, Wakelin Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Dec 2021.
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, 27, Wakelin Road was last sold on 16th December 2021 for £220,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2021, the market for similar properties has risen 4.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Wakelin Road within a radius of 430 metres over the last 2 years.
The most recent example is Flat 68, Brassett Point, Abbey Road, London, E15 3LB, a leasehold flat which sold for £220,000 on the 15th February 2019.
Read more about house prices in E15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wakelin Road, London, E15 has a total of 42 addresses. According to our analysis of all the public data, 27, Wakelin Road is the 25th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £214k less expensive than the average property in E15.
The closest station to 27, Wakelin Road is Abbey Road station which is 200 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 27, Wakelin Road, 63.0% of property is socially rented and 21.0% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 27, Wakelin Road, 40.2% of residents are recorded as possessing school level qualifications and 33.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 27, Wakelin Road, the average age was 34.6 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 27, Wakelin Road, 0.2% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 27, Wakelin Road, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.