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51, Kelson House 10 is recorded publicly as a modern leasehold apartment across 796 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of 51, Kelson House 10 is £497,619 and its rental estimate is £2,642 per month, given the available information and assuming reasonable condition.
Kelson House, Schooner Road is a residential building on Schooner Road, London, E16 and falls within the E16 postal district and the London Borough of Newham.
51, Kelson House 10 has a single entry in the Land Registry from April 2017 and a single entry in the EPC database dated March 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 51, Kelson House 10, we estimate a market value of £522,500 and a rental value of £2,774 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £462,786 and £2,457 per month respectively.
Over the last year, 51, Kelson House 10 has seen its estimated sale value decrease by £17,965 (3.6%) and its estimated rental value grow by £123 per month (4.6%). This results in an estimated gross rental yield of 6.4%.
51, Kelson House 10 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Mar 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
The most recent sale of 51, Kelson House 10 completed on 18th April 2017 at £539,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 21.7% over the period since April 2017.
Over the past 2 years 3 properties similar to 51, Kelson House 10 have sold within a radius of 220 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th April 2024, was 57, Kelson House 10, Schooner Road, London, E16 2RN, a leasehold flat which sold for £570,000.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 344 addresses on Schooner Road, London, E16, 51, Kelson House 10 comes out as the 177th largest and the 135th most expensive in our analysis of the public data.
It is also £115k more expensive than the average property across the E16 district.
From 51, Kelson House 10, the nearest station is Pontoon Dock, 500 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 51, Kelson House 10, % of property is and % is .
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 51, Kelson House 10, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 51, Kelson House 10, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 51, Kelson House 10, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.