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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Monk Drive is £285,493 and the estimated rental value is £1,796 per month.
Monk Drive, London, E16 is located in the borough of Newham within the E16 postal district.
5, Monk Drive has 21 entries in the Land Registry , most recently in August 2014 and a single entry in the EPC database dated February 2014.
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 5, Monk Drive is in very good condition we estimate a sale value of £299,768 and a rental value of £1,886 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £265,508 and a rental value of £1,671 per month.
Over the last 12 months the sale value of 5 Monk Drive has decreased by an estimated £9,238 (3.2%) and its rental value has increased by an estimated £99 per month (5.5%), giving an expected gross yield of 7.6%.
5, Monk Drive has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Feb 2014.
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, 5, Monk Drive was last sold on 8th August 2014 for £250,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since August 2014, the market for similar properties has risen 21.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Monk Drive within a radius of 330 metres over the last 2 years.
The most recent example is 13, Fendt Close, London, E16 1LB, a leasehold flat which sold for £240,000 on the 25th March 2025.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Monk Drive, London, E16 has a total of 36 addresses. According to our analysis of all the public data, 5, Monk Drive is the 36th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £95k less expensive than the average property in E16.
The nearest school is Hallsville Primary School which is 321 metres away. The nearest train station is Royal Victoria which is 200 metres away.
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