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According to the public record, 3, Fairfax Mews is a leasehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,061 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Fairfax Mews is £527,036 and the estimated rental value is £2,503 per month.
Fairfax Mews, London, E16 is located in the borough of Newham within the E16 postal district.
3, Fairfax Mews has 31 entries in the Land Registry , most recently in August 2009 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 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 3, Fairfax Mews is in very good condition we estimate a sale value of £553,387 and a rental value of £2,628 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £490,143 and a rental value of £2,327 per month.
Over the last 12 months the sale value of 3 Fairfax Mews has decreased by an estimated £14,927 (2.8%) and its rental value has increased by an estimated £127 per month (5.1%), giving an expected gross yield of 5.7%.
According to HM Land Registry, 3, Fairfax Mews was last sold on 28th August 2009 for £317,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since August 2009, the market for similar properties has risen 45.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Fairfax Mews within a radius of 390 metres over the last 2 years.
The most recent example is 4, Southey Mews, London, E16 1TN, a leasehold house which sold for £615,000 on the 21st July 2023.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairfax Mews, London, E16 has a total of 27 addresses. According to our analysis of all the public data, 3, Fairfax Mews is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £145k more expensive than the average property in E16.
The nearest school is Oasis Academy Silvertown which is 100 metres away. The nearest train station is West Silvertown which is 300 metres away.
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