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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, 8, Rope Terrace is a modern leasehold house with 1,431 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Rope Terrace is £797,992 and the estimated rental value is £3,821 per month.
Rope Terrace, London, E16 is located in the borough of Newham within the E16 postal district.
8, Rope Terrace has a single entry in the Land Registry from March 2017 and a single entry in the EPC database dated January 2017.
We combine this information with that 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 8, Rope Terrace is in very good condition we estimate a sale value of £837,892 and a rental value of £4,012 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £742,133 and a rental value of £3,553 per month.
Over the last 12 months the sale value of 8 Rope Terrace has decreased by an estimated £30,091 (3.8%) and its rental value has increased by an estimated £158 per month (4.1%), giving an expected gross yield of 5.7%.
8, Rope Terrace has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Jan 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, 8, Rope Terrace was last sold on 24th March 2017 for £794,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since March 2017, the market for similar properties has dropped 38.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Rope Terrace within a radius of 180 metres over the last 2 years.
The most recent example is 23, Starboard Way, London, E16 2NZ, a leasehold house which sold for £785,000 on the 22nd May 2024.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rope Terrace, London, E16 has a total of 41 addresses. According to our analysis of all the public data, 8, Rope Terrace is the 4th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £418k more expensive than the average property in E16.
The nearest school is Royal Wharf Primary School which is 175 metres away. The nearest train station is Pontoon Dock which is 300 metres away.
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