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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 38, Thames Road is £605,257 and the estimated rental value is £3,558 per month.
The apartment is within 38, Thames Road, London, E16.
Thames Road, London, E16 is located in the borough of Newham within the E16 postal district.
Flat 2, 38, Thames Road has no records in the the Land Registry and a single entry in the EPC database dated October 2022.
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.
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 Flat 2, 38, Thames Road is in very good condition we estimate a sale value of £635,520 and a rental value of £3,736 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £562,889 and a rental value of £3,309 per month.
Over the last 12 months the sale value of Flat 2 38 Thames Road has decreased by an estimated £15,283 (2.5%) and its rental value has increased by an estimated £207 per month (5.8%), giving an expected gross yield of 7.1%.
Flat 2, 38, Thames Road has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Oct 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 38, Thames Road within a radius of 510 metres over the last 2 years.
The most recent example is Flat 2, 1, Wray Avenue, London, E16 2ZQ, a leasehold flat which sold for £159,875 on the 17th March 2023.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Thames Road, London, E16 has a total of 165 addresses. According to our analysis of all the public data, Flat 2, 38, Thames Road is the 21st largest and the 9th most expensive property on the street.
When compared to the postcode district it is £225k more expensive than the average property in E16.
The nearest school is Drew Primary School which is 478 metres away. The nearest train station is Pontoon Dock which is 500 metres away.
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