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According to the public record, 2A, Park Road is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 804 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2A, Park Road is £351,190 and the estimated rental value is £2,254 per month.
The apartment is within 2, Park Road, London, E15.
Park Road, London, E15 is located in the borough of Newham within the E15 postal district.
2A, Park Road has a single entry in the Land Registry from January 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 2A, Park Road is in very good condition we estimate a sale value of £368,749 and a rental value of £2,367 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £326,607 and a rental value of £2,096 per month.
Over the last 12 months the sale value of 2A Park Road has decreased by an estimated £3,666 (1.0%) and its rental value has increased by an estimated £123 per month (5.5%), giving an expected gross yield of 7.7%.
According to HM Land Registry, 2A, Park Road was last sold on 21st January 2011 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2011, the market for similar properties has risen 89.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2A, Park Road within a radius of 400 metres over the last 2 years.
The most recent example is 20, East Road, London, E15 3QR, a leasehold flat which sold for £350,000 on the 21st January 2022.
Read more about house prices in E15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Road, London, E15 has a total of 78 addresses. According to our analysis of all the public data, 2A, Park Road is the 36th largest and the 46th most expensive property on the street.
When compared to the postcode district it is £83k less expensive than the average property in E15.
The closest station to 2A, Park Road is Plaistow station which is 500 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2A, Park Road, 34.8% of property is privately rented and 33.9% is socially rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2A, Park Road, 26.2% of residents are recorded as possessing school level qualifications and 41.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2A, Park Road, the average age was 34.9 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2A, Park Road, 0.3% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2A, Park Road, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.