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1B, Market Street is described in the public record as a mid-century apartment with 484 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 1B, Market Street is £219,030 and its rental estimate is £1,497 per month, given the available information and assuming reasonable condition.
1, Market Street is a residential building on Market Street, London, E6 and falls within the E6 postal district and the London Borough of Newham.
1B, Market Street has no records in the the Land Registry and a single entry in the EPC database dated June 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1B, Market Street, we estimate a market value of £229,982 and a rental value of £1,572 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £203,698 and £1,393 per month respectively.
Over the last year, 1B, Market Street has seen its estimated sale value drop by £5,308 (2.4%) and its estimated rental value rise by £47 per month (3.2%). This results in an estimated gross rental yield of 8.2%.
1B, Market Street has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jun 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 1B, Market Street have sold within a radius of 380 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th December 2021, was 6, Market Street, London, E6 2RH, a leasehold flat which sold for £250,000.
Read more about house prices in E6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 175 addresses on Market Street, London, E6, 1B, Market Street comes out as the 148th largest and the 159th most expensive in our analysis of the public data.
It is also £173k less expensive than the average property across the E6 district.
From 1B, Market Street, the nearest station is East Ham, 1.0 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 1B, Market Street, 51.1% of property is privately rented and 29.2% 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 1B, Market Street, 20.2% of residents are recorded as possessing school level qualifications and 49.4% 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 1B, Market Street, the average age was 33.7 and the most common age was 42.
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 1B, Market Street, 0.6% 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 1B, Market Street, there are an average of 1.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.