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According to the public record, 5, Millennium Close is a modern freehold house with 602 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Millennium Close is £314,253 and the estimated rental value is £1,831 per month.
Millennium Close, London, E16 is located in the borough of Newham within the E16 postal district.
5, Millennium Close has a single entry in the Land Registry from August 2007 and a single entry in the EPC database dated February 2018.
We combine this information with that 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 5, Millennium Close is in very good condition we estimate a sale value of £329,966 and a rental value of £1,923 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £292,256 and a rental value of £1,703 per month.
Over the last 12 months the sale value of 5 Millennium Close has decreased by an estimated £9,087 (2.9%) and its rental value has increased by an estimated £105 per month (5.7%), giving an expected gross yield of 7%.
5, Millennium Close has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Feb 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 5, Millennium Close was last sold on 3rd August 2007 for £229,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2007, the market for similar properties has risen 48.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Millennium Close within a radius of 370 metres over the last 2 years.
The most recent example is 8, Widgeon Close, London, E16 3EF, a freehold house which sold for £380,000 on the 15th March 2024.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millennium Close, London, E16 has a total of 10 addresses. According to our analysis of all the public data, 5, Millennium Close is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £66k less expensive than the average property in E16.
The nearest school is Rosetta Primary School which is 271 metres away. The nearest train station is Royal Victoria which is 500 metres away.
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