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According to the public record, 40, Albert Square is a period freehold house with 871 ft2 of internal area and sits on a 141 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Albert Square is £498,190 and the estimated rental value is £2,841 per month.
Albert Square, London, E15 is located in the borough of Newham within the E15 postal district.
40, Albert Square has 31 entries in the Land Registry , most recently in October 2024 and a single entry in the EPC database dated October 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 40, Albert Square is in very good condition we estimate a sale value of £523,100 and a rental value of £2,983 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £463,317 and a rental value of £2,642 per month.
Over the last 12 months the sale value of 40 Albert Square has decreased by an estimated £9,835 (2.0%) and its rental value has increased by an estimated £99 per month (3.5%), giving an expected gross yield of 6.8%.
According to data from HM Land Registry, 40, Albert Square sits on a plot of 141m2.
We have plot size data on 51 out of 53 other houses in the postcode and 40, Albert Square sits on the 31st largest plot.
40, Albert Square has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Oct 2018.
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, 40, Albert Square was last sold on 31st October 2024 for £628,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since October 2024, the market for similar properties has dropped 3.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Albert Square within a radius of 310 metres over the last 2 years.
The most recent example is 52, Ash Road, London, E15 1HL, a freehold house which sold for £555,000 on the 25th November 2022.
Read more about house prices in E15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albert Square, London, E15 has a total of 118 addresses. According to our analysis of all the public data, 40, Albert Square is the 77th largest and the 85th most expensive property on the street.
When compared to the postcode district it is £64k more expensive than the average property in E15.
The closest station to 40, Albert Square is Maryland station which is 300 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 40, Albert Square, 42.1% of property is privately rented and 18.4% is privately owned outright.
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 40, Albert Square, 23.0% of residents are recorded as possessing school level qualifications and 52.3% 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 40, Albert Square, the average age was 34.8 and the most common age was 32.
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 40, Albert Square, 1.3% 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 40, Albert Square, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.