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According to the public record, 61A, Ridley Road is a period leasehold apartment with 656 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 61A, Ridley Road is £474,234 and the estimated rental value is £2,309 per month.
Ridley Road, London, E7 is located in the borough of Newham within the E7 postal district.
61A, Ridley Road has 41 entries in the Land Registry , most recently in July 2016 and a single entry in the EPC database dated May 2018.
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 61A, Ridley Road is in very good condition we estimate a sale value of £497,946 and a rental value of £2,425 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £441,038 and a rental value of £2,148 per month.
Over the last 12 months the sale value of 61A Ridley Road has decreased by an estimated £7,266 (1.5%) and its rental value has increased by an estimated £61 per month (2.6%), giving an expected gross yield of 5.8%.
61A, Ridley Road has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 May 2018.
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, 61A, Ridley Road was last sold on 1st July 2016 for £440,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since July 2016, the market for similar properties has dropped 14.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61A, Ridley Road within a radius of 570 metres over the last 2 years.
The most recent example is 36A , Latimer Road, London, E7 0LQ, a leasehold flat which sold for £335,000 on the 25th October 2024.
Read more about house prices in E7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ridley Road, London, E7 has a total of 121 addresses. According to our analysis of all the public data, 61A, Ridley Road is the 109th largest and the 107th most expensive property on the street.
When compared to the postcode district it is £5k less expensive than the average property in E7.
The nearest school is Godwin Junior School which is 369 metres away. The nearest train station is Wanstead Park which is 600 metres away.
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