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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 31, Schooner Road is a modern leasehold house with 2,486 ft2 of internal area.
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 31, Schooner Road is £1,005,529 and the estimated rental value is £4,814 per month.
Schooner Road, London, E16 is located in the borough of Newham within the E16 postal district.
31, Schooner Road has a single entry in the Land Registry from February 2018 and a single entry in the EPC database dated January 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 31, Schooner Road is in very good condition we estimate a sale value of £1,055,805 and a rental value of £5,055 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £935,142 and a rental value of £4,477 per month.
Over the last 12 months the sale value of 31 Schooner Road has decreased by an estimated £37,917 (3.8%) and its rental value has increased by an estimated £199 per month (4.1%), giving an expected gross yield of 5.7%.
31, Schooner Road has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Jan 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, 31, Schooner Road was last sold on 15th February 2018 for £1,064,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since February 2018, the market for similar properties has dropped 50.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31, Schooner Road within a radius of 210 metres over the last 2 years.
The most recent example is 33, Schooner Road, London, E16 2PW, a leasehold house which sold for £1,060,000 on the 20th June 2024.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Schooner Road, London, E16 has a total of 344 addresses. According to our analysis of all the public data, 31, Schooner Road is the 6th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £625k more expensive than the average property in E16.
The nearest school is Royal Wharf Primary School which is 136 metres away. The nearest train station is Pontoon Dock which is 400 metres away.
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