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According to the public record, 47, Stracey Road is a mid-century leasehold apartment with 484 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 47, Stracey Road is £188,167 and the estimated rental value is £1,344 per month.
Stracey Road, London, E7 is located in the borough of Newham within the E7 postal district.
47, Stracey Road has a single entry in the Land Registry from February 2007 and a single entry in the EPC database dated April 2012.
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 47, Stracey Road is in very good condition we estimate a sale value of £197,576 and a rental value of £1,412 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £174,996 and a rental value of £1,250 per month.
Over the last 12 months the sale value of 47 Stracey Road has decreased by an estimated £1,192 (0.6%) and its rental value has increased by an estimated £52 per month (3.9%), giving an expected gross yield of 8.6%.
47, Stracey Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Apr 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 47, Stracey Road was last sold on 15th February 2007 for £131,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2007, the market for similar properties has risen 59.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Stracey Road within a radius of 340 metres over the last 2 years.
The most recent example is Flat 9, Raymond Chadburn House 112, Woodgrange Road, London, E7 0BD, a leasehold flat which sold for £275,000 on the 5th June 2020.
Read more about house prices in E7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stracey Road, London, E7 has a total of 58 addresses. According to our analysis of all the public data, 47, Stracey Road is the 53rd largest and the 53rd most expensive property on the street.
When compared to the postcode district it is £291k less expensive than the average property in E7.
The nearest school is Forest Gate Community School which is 195 metres away. The nearest train station is Wanstead Park which is 100 metres away.
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