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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 70, Hermit Road is a period leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 70, Hermit Road is £244,465 and the estimated rental value is £1,487 per month.
The apartment is within 70, Hermit Road, London, E16.
Hermit Road, London, E16 is located in the borough of Newham within the E16 postal district.
70, Hermit Road has a single entry in the Land Registry from August 2007 and a single entry in the EPC database dated July 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 70, Hermit Road is in very good condition we estimate a sale value of £256,688 and a rental value of £1,561 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £227,352 and a rental value of £1,383 per month.
Over the last 12 months the sale value of 70 Hermit Road has decreased by an estimated £8,365 (3.4%) and its rental value has increased by an estimated £80 per month (5.4%), giving an expected gross yield of 7.3%.
70, Hermit Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 70, Hermit Road was last sold on 14th August 2007 for £165,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2007, the market for similar properties has risen 65.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 70, Hermit Road within a radius of 320 metres over the last 2 years.
The most recent example is 52, Cliff Walk, London, E16 4HN, a leasehold flat which sold for £220,000 on the 2nd October 2023.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hermit Road, London, E16 has a total of 218 addresses. According to our analysis of all the public data, 70, Hermit Road is the 65th largest and the 179th most expensive property on the street.
When compared to the postcode district it is £136k less expensive than the average property in E16.
The nearest school is Rokeby School which is 297 metres away. The nearest train station is Star Lane which is 500 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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