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According to the public record, Flat 2, 440, North Woolwich Road is a modern leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 440, North Woolwich Road is £230,599 and the estimated rental value is £1,439 per month.
The apartment is within 440, North Woolwich Road, London, E16.
North Woolwich Road, London, E16 is located in the borough of Newham within the E16 postal district.
Flat 2, 440, North Woolwich Road has a single entry in the Land Registry from January 2023 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, 440, North Woolwich Road is in very good condition we estimate a sale value of £242,129 and a rental value of £1,511 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £214,457 and a rental value of £1,338 per month.
Over the last 12 months the sale value of Flat 2 440 North Woolwich Road has decreased by an estimated £7,322 (3.2%) and its rental value has increased by an estimated £65 per month (4.5%), giving an expected gross yield of 7.5%.
Flat 2, 440, North Woolwich Road has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Mar 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, Flat 2, 440, North Woolwich Road was last sold on 31st January 2023 for £270,075 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2023, the market for similar properties has dropped 17.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 440, North Woolwich Road within a radius of 510 metres over the last 2 years.
The most recent example is Flat 21, 440, North Woolwich Road, London, E16 2ZP, a leasehold flat which sold for £129,750 on the 5th December 2022.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
North Woolwich Road, London, E16 has a total of 150 addresses. According to our analysis of all the public data, Flat 2, 440, North Woolwich Road is the 91st largest and the 142nd most expensive property on the street.
When compared to the postcode district it is £152k less expensive than the average property in E16.
The nearest school is Drew Primary School which is 500 metres away. The nearest train station is Pontoon Dock which is 500 metres away.
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