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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, 60, Wellstead Road is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 604 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 60, Wellstead Road is £251,488 and the estimated rental value is £1,646 per month.
Wellstead Road, London, E6 is located in the borough of Newham within the E6 postal district.
60, Wellstead Road has a single entry in the Land Registry from August 2012 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 5 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 60, Wellstead Road is in very good condition we estimate a sale value of £264,062 and a rental value of £1,728 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £233,884 and a rental value of £1,531 per month.
Over the last 12 months the sale value of 60 Wellstead Road has decreased by an estimated £9,500 (3.8%) and its rental value has increased by an estimated £77 per month (4.7%), giving an expected gross yield of 7.9%.
According to HM Land Registry, 60, Wellstead Road was last sold on 24th August 2012 for £137,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2012, the market for similar properties has risen 74.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 60, Wellstead Road within a radius of 390 metres over the last 2 years.
The most recent example is 46, Wellstead Road, London, E6 6DD, a leasehold flat which sold for £270,000 on the 22nd March 2021.
Read more about house prices in E6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellstead Road, London, E6 has a total of 102 addresses. According to our analysis of all the public data, 60, Wellstead Road is the 81st largest and the 86th most expensive property on the street.
When compared to the postcode district it is £132k less expensive than the average property in E6.
The nearest school is Vicarage Primary School which is 197 metres away. The nearest train station is Beckton which is 1.4 kilometres away.
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