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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 34, Pier Parade is £257,095 and the estimated rental value is £1,584 per month.
Pier Parade, London, E16 is located in the borough of Newham within the E16 postal district.
34, Pier Parade has a single entry in the Land Registry from April 2015 and a single entry in the EPC database dated December 2020.
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 34, Pier Parade is in very good condition we estimate a sale value of £269,950 and a rental value of £1,663 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £239,099 and a rental value of £1,473 per month.
Over the last 12 months the sale value of 34 Pier Parade has decreased by an estimated £6,492 (2.5%) and its rental value has increased by an estimated £92 per month (5.8%), giving an expected gross yield of 7.4%.
34, Pier Parade has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Dec 2020.
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, 34, Pier Parade was last sold on 22nd April 2015 for £200,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2015, the market for similar properties has risen 78.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 34, Pier Parade within a radius of 620 metres over the last 2 years.
The most recent example is Flat 30, Brocklebank House, Glenister Street, London, E16 2LY, a leasehold flat which sold for £205,000 on the 18th January 2024.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pier Parade, London, E16 has a total of 38 addresses. According to our analysis of all the public data, 34, Pier Parade is the 5th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £123k less expensive than the average property in E16.
The nearest school is London Design and Engineering UTC which is 788 metres away. The nearest train station is King George V which is 100 metres away.
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