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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 118A, Dames Road is £211,392 and the estimated rental value is £1,480 per month.
The apartment is within 118, Dames Road, London, E7.
Dames Road, London, E7 is located in the borough of Newham within the E7 postal district.
118A, Dames Road has a single entry in the Land Registry from October 2007 and a single entry in the EPC database dated August 2019.
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 118A, Dames Road is in very good condition we estimate a sale value of £221,961 and a rental value of £1,554 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £196,594 and a rental value of £1,376 per month.
Over the last 12 months the sale value of 118A Dames Road has decreased by an estimated £2,416 (1.1%) and its rental value has increased by an estimated £52 per month (3.5%), giving an expected gross yield of 8.4%.
118A, Dames Road has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Aug 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 118A, Dames Road was last sold on 19th October 2007 for £135,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2007, the market for similar properties has risen 53.4%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 118A, Dames Road within a radius of 400 metres over the last 2 years.
The most recent example is Flat 1, 349, Cann Hall Road, London, E11 3NL, a leasehold flat which sold for £205,000 on the 2nd February 2018.
Read more about house prices in E7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Dames Road, London, E7 has a total of 219 addresses. According to our analysis of all the public data, 118A, Dames Road is the 200th largest and the 200th most expensive property on the street.
When compared to the postcode district it is £268k less expensive than the average property in E7.
The nearest school is Forest Gate Community School which is 646 metres away. The nearest train station is Wanstead Park which is 500 metres away.
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