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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 53B, Field Road is £295,443 and the estimated rental value is £1,928 per month.
The apartment is within 53, Field Road, London, E7.
Field Road, London, E7 is located in the borough of Newham within the E7 postal district.
53B, Field Road has 21 entries in the Land Registry , most recently in September 2023 and a single entry in the EPC database dated January 2023.
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 53B, Field Road is in very good condition we estimate a sale value of £310,215 and a rental value of £2,025 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £274,762 and a rental value of £1,793 per month.
Over the last 12 months the sale value of 53B Field Road has decreased by an estimated £1,872 (0.6%) and its rental value has increased by an estimated £74 per month (3.9%), giving an expected gross yield of 7.8%.
53B, Field Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Jan 2023.
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, 53B, Field Road was last sold on 4th September 2023 for £300,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2023, the market for similar properties has risen 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 53B, Field Road within a radius of 360 metres over the last 2 years.
The most recent example is 4, Magpie Close, London, E7 9DE, a leasehold flat which sold for £265,000 on the 27th September 2024.
Read more about house prices in E7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Field Road, London, E7 has a total of 184 addresses. According to our analysis of all the public data, 53B, Field Road is the 164th largest and the 152nd most expensive property on the street.
When compared to the postcode district it is £184k less expensive than the average property in E7.
The nearest school is Odessa Infant School which is 125 metres away. The nearest train station is Forest Gate which is 300 metres away.
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