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According to the public record, 47, Radlett Close is a modern freehold house with 1,205 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 47, Radlett Close is £635,387 and the estimated rental value is £3,833 per month.
Radlett Close, London, E7 is located in the borough of Newham within the E7 postal district.
47, Radlett Close has a single entry in the Land Registry from September 2022 and a single entry in the EPC database dated September 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 47, Radlett Close is in very good condition we estimate a sale value of £667,157 and a rental value of £4,025 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £590,910 and a rental value of £3,565 per month.
Over the last 12 months the sale value of 47 Radlett Close has decreased by an estimated £6,231 (1.0%) and its rental value has increased by an estimated £129 per month (3.4%), giving an expected gross yield of 7.2%.
47, Radlett Close has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Sep 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, Underfloor heating, pipes in insulated timber floor, electric.
According to HM Land Registry, 47, Radlett Close was last sold on 30th September 2022 for £725,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2022, the market for similar properties has dropped 12.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Radlett Close within a radius of 340 metres over the last 2 years.
The most recent example is 49, Radlett Close, London, E7 9JF, a freehold house which sold for £600,000 on the 12th April 2023.
Read more about house prices in E7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Radlett Close, London, E7 has a total of 53 addresses. According to our analysis of all the public data, 47, Radlett Close is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £156k more expensive than the average property in E7.
The nearest school is Earlham Primary School which is 180 metres away. The nearest train station is Forest Gate which is 700 metres away.
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