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Houses of this size in this area normally have 6 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 42, The Drive is £3,314,754 and the estimated rental value is £14,291 per month.
The Drive, London, E18 is located in the borough of Redbridge within the E18 postal district.
42, The Drive has a single entry in the Land Registry from April 2018 and a single entry in the EPC database dated October 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 42, The Drive is in very good condition we estimate a sale value of £3,480,491 and a rental value of £15,006 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £3,082,721 and a rental value of £13,291 per month.
Over the last 12 months the sale value of 42 The Drive has decreased by an estimated £3,525 (0.1%) and its rental value has increased by an estimated £441 per month (3.1%), giving an expected gross yield of 5.2%.
According to data from HM Land Registry, 42, The Drive sits on a plot of 1400m2.
We have plot size data on 25 out of 25 other houses in the postcode and 42, The Drive sits on the 11th largest plot.
42, The Drive has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 12 Oct 2017.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 42, The Drive was last sold on 16th April 2018 for £2,910,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2018, the market for similar properties has dropped 26.3%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 490 metres radius of 42, The Drive over the last 2 years.
The most recent example is Flat 2, Orestes Court 39, Woodford Road, London, E18 2EF, a leasehold flat which sold for £515,000 on the 20th November 2024.
Read more about house prices in E18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Drive, London, E18 has a total of 148 addresses. According to our analysis of all the public data, 42, The Drive is the 5th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £2.694m more expensive than the average property in E18.
The nearest school is Snaresbrook Primary School which is 293 metres away. The nearest train station is Snaresbrook which is 700 metres away.
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