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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 78, Drew Road is £210,040 and the estimated rental value is £1,298 per month.
Drew Road, London, E16 is located in the borough of Newham within the E16 postal district.
78, Drew Road has no records in the the Land Registry and a single entry in the EPC database dated October 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 78, Drew Road is in very good condition we estimate a sale value of £220,542 and a rental value of £1,363 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £195,338 and a rental value of £1,207 per month.
Over the last 12 months the sale value of 78 Drew Road has decreased by an estimated £7,033 (3.3%) and its rental value has increased by an estimated £72 per month (5.5%), giving an expected gross yield of 7.4%.
78, Drew Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Oct 2020.
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 78, Drew Road within a radius of 660 metres over the last 2 years.
The most recent example is 10, Drew Road, London, E16 2DF, a leasehold flat which sold for £240,000 on the 29th July 2022.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Drew Road, London, E16 has a total of 89 addresses. According to our analysis of all the public data, 78, Drew Road is the 62nd largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £170k less expensive than the average property in E16.
The nearest school is Drew Primary School which is 193 metres away. The nearest train station is London City Airport which is 400 metres away.
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