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According to the public record, 40, Morley Road is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 983 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 40, Morley Road is £525,345 and the estimated rental value is £2,879 per month.
Morley Road, London, E15 is located in the borough of Newham within the E15 postal district.
40, Morley Road has a single entry in the Land Registry from July 2007 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 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, Morley Road is in very good condition we estimate a sale value of £551,612 and a rental value of £3,022 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £488,571 and a rental value of £2,677 per month.
Over the last 12 months the sale value of 40 Morley Road has decreased by an estimated £10,371 (2.0%) and its rental value has increased by an estimated £101 per month (3.5%), giving an expected gross yield of 6.6%.
According to HM Land Registry, 40, Morley Road was last sold on 17th July 2007 for £270,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2007, the market for similar properties has risen 98.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Morley Road within a radius of 320 metres over the last 2 years.
The most recent example is 49, Morley Road, London, E15 3HF, a freehold house which sold for £375,000 on the 17th December 2024.
Read more about house prices in E15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morley Road, London, E15 has a total of 79 addresses. According to our analysis of all the public data, 40, Morley Road is the 30th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £92k more expensive than the average property in E15.
The closest station to 40, Morley Road is Plaistow station which is 300 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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, Morley Road, 52.4% of property is privately rented and 17.3% 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, Morley Road, 20.5% of residents are recorded as possessing school level qualifications and 46.6% 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, Morley 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 40, Morley Road, 1.0% 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, Morley Road, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.