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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 51, Richmond Road is £267,385 and the estimated rental value is £1,797 per month.
Richmond Road, London, E7 is located in the borough of Newham within the E7 postal district.
51, Richmond Road has no records in the the Land Registry and a single entry in the EPC database dated August 2024.
We combine this information with public data 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 51, Richmond Road is in very good condition we estimate a sale value of £280,754 and a rental value of £1,887 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £248,668 and a rental value of £1,671 per month.
Over the last 12 months the sale value of 51 Richmond Road has decreased by an estimated £6,533 (2.4%) and its rental value has increased by an estimated £48 per month (2.7%), giving an expected gross yield of 8.1%.
51, Richmond Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Aug 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51, Richmond Road within a radius of 400 metres over the last 2 years.
The most recent example is 13, Richmond Road, London, E7 0PA, a leasehold flat which sold for £252,500 on the 21st October 2024.
Read more about house prices in E7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Richmond Road, London, E7 has a total of 41 addresses. According to our analysis of all the public data, 51, Richmond Road is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £206k less expensive than the average property in E7.
The nearest school is Woodgrange Infant School which is 300 metres away. The nearest train station is Forest Gate which is 400 metres away.
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