First Floor Flat, 38
First Floor Flat, 38
Description & Estimates
First Floor Flat, 38, Shrewsbury Road is described in the public record as a period apartment with 559 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of First Floor Flat, 38, Shrewsbury Road is £243,038 and its rental estimate is £1,667 per month, given the available information and assuming reasonable condition.
38, Shrewsbury Road is a residential building on Shrewsbury Road, London, E7 and falls within the E7 postal district and the London Borough of Newham.
Our Data Sources
First Floor Flat, 38, Shrewsbury Road has no records in the the Land Registry and no records in the EPC database.
We combine this information with public data 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.
Price Range & Condition
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 First Floor Flat, 38, Shrewsbury Road, we estimate a market value of £255,190 and a rental value of £1,750 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £226,025 and £1,550 per month respectively.
Recent Market Change
Over the last year, First Floor Flat, 38, Shrewsbury Road has seen its estimated sale value drop by £7,714 (3.2%) and its estimated rental value rise by £33 per month (2.0%). This results in an estimated gross rental yield of 8.2%.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to First Floor Flat, 38, Shrewsbury Road have sold within a radius of 360 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st October 2023, was 11, Tenbury Close, London, E7 8AX, a leasehold flat which sold for £295,000.
Read more about house prices in E7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 349 addresses on Shrewsbury Road, London, E7, First Floor Flat, 38, Shrewsbury Road comes out as the 304th largest and the 314th most expensive in our analysis of the public data.
It is also £230k less expensive than the average property across the E7 district.
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Schools Nearby
- 200mMonega Primary School
- 400mSandringham Primary School
- 400mWilliam Davies Primary School
- 1.0kmSt Angela's Ursuline School
- 1.0kmPlashet, City of London Academy
- 1.2kmLittle Ilford School
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Public Transport Nearby
From First Floor Flat, 38, Shrewsbury Road, the nearest station is Woodgrange Park, 400 metres away.
- 400mWoodgrange Park
- 700mManor Park
- 1.1kmEast Ham
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
