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According to the public record, 41, Pier Parade is a mid-century apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 41, Pier Parade is £171,179 and the estimated rental value is £1,065 per month.
Pier Parade, London, E16 is located in the borough of Newham within the E16 postal district.
41, Pier Parade has no records in the the Land Registry and a single entry in the EPC database dated October 2019.
We combine this information with public data 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 41, Pier Parade is in very good condition we estimate a sale value of £179,738 and a rental value of £1,118 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £159,196 and a rental value of £991 per month.
Over the last 12 months the sale value of 41 Pier Parade has decreased by an estimated £5,732 (3.3%) and its rental value has increased by an estimated £59 per month (5.5%), giving an expected gross yield of 7.5%.
41, Pier Parade has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Oct 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Pier Parade within a radius of 620 metres over the last 2 years.
The most recent example is 21, Pier Road, London, E16 2LH, a leasehold flat which sold for £170,000 on the 8th August 2016.
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, 41, Pier Parade is the 36th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £209k 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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