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Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 62, Emerald Close is £221,452 and the estimated rental value is £1,376 per month.
Emerald Close, London, E16 is located in the borough of Newham within the E16 postal district.
62, Emerald Close has 41 entries in the Land Registry , most recently in October 2024 and a single entry in the EPC database dated November 2024.
We combine this information with that of neighbouring properties to estimate the property 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 62, Emerald Close is in very good condition we estimate a sale value of £232,525 and a rental value of £1,445 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £205,951 and a rental value of £1,280 per month.
Over the last 12 months the sale value of 62 Emerald Close has decreased by an estimated £7,415 (3.3%) and its rental value has increased by an estimated £76 per month (5.5%), giving an expected gross yield of 7.5%.
62, Emerald Close has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Nov 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 62, Emerald Close was last sold on 30th October 2024 for £199,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since October 2024, the market for similar properties has risen 15.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Emerald Close within a radius of 610 metres over the last 2 years.
The most recent example is 57, Emerald Close, London, E16 3TS, a leasehold flat which sold for £238,800 on the 19th December 2024.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Emerald Close, London, E16 has a total of 62 addresses. According to our analysis of all the public data, 62, Emerald Close is the 43rd largest and the 46th most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in E16.
The nearest school is Ellen Wilkinson Primary School which is 507 metres away. The nearest train station is Royal Albert which is 400 metres away.
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