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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 56, Monega Road is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 596 ft2 of internal area and sits on a 157 m2 plot and a garden.
Houses of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 56, Monega Road is £335,480 and the estimated rental value is £2,196 per month.
Monega Road, London, E7 is located in the borough of Newham within the E7 postal district.
56, Monega Road has 2 entries in the Land Registry , most recently in January 2020 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 56, Monega Road is in very good condition we estimate a sale value of £352,254 and a rental value of £2,305 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £311,997 and a rental value of £2,042 per month.
Over the last 12 months the sale value of 56 Monega Road has decreased by an estimated £880 (0.3%) and its rental value has increased by an estimated £101 per month (4.6%), giving an expected gross yield of 7.9%.
According to data from HM Land Registry, 56, Monega Road sits on a plot of 157m2.
We have plot size data on 27 out of 47 other houses in the postcode and 56, Monega Road sits on the 3rd largest plot.
According to HM Land Registry, 56, Monega Road was last sold on 31st January 2020 for £225,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since January 2020, the market for similar properties has risen 35.9%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 56, Monega Road within a radius of 320 metres over the last 2 years.
The most recent example is 100, Monega Road, London, E7 8ER, a freehold house which sold for £500,000 on the 15th November 2021.
Read more about house prices in E7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Monega Road, London, E7 has a total of 208 addresses. According to our analysis of all the public data, 56, Monega Road is the 202nd largest and the 203rd most expensive property on the street.
When compared to the postcode district it is £144k less expensive than the average property in E7.
The nearest school is Sandringham Primary School which is 331 metres away. The nearest train station is Upton Park which is 900 metres away.
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