5, FARADAY ROAD, LONDON, E15 4JT - £418,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 FARADAY ROAD is a very large extended flat of 90m², built sometime between 1950 and 1966, which could now be worth an estimated £389,877. It was last sold for £418,000 in December 2022, which was around 15% above the average December 2022 flat price in the Newham local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

5 FARADAY ROAD Sold Prices

Land registry data shows two sales for 5 FARADAY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Newham local authority area for the corresponding sale date. Both of the two 5 FARADAY ROAD sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 20 DEC	£418,000	£362,908	15% above HPI
2011 21 OCT	£219,000	£200,807	9% above HPI

What might 5 FARADAY ROAD be worth now?

5 FARADAY ROAD might now be worth an estimated £389,877.

This is based on house price deflation of 6.7%, between December 2022 and May 2026, for flats, in the Newham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.7% deflationary decrease is applied to the most recent sale price for 5 FARADAY ROAD of £418,000 on 20th December 2022. For the value to have decreased from £418,000 to £389,877 over the four years and seven months to May 2026, the following assumptions must hold true:

• The value of 5 FARADAY ROAD has moved in line with the HPI for flats in the Newham local authority area.
• The December 2022 sale price of £418,000 represented a fair market value for the property.
• The size, condition, and specification of 5 FARADAY ROAD has not materially changed since December 2022.

How Large is 5 FARADAY ROAD?

5 FARADAY ROAD is 90m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 20% of flats in London, based on EPC data. 89% of flats are smaller than 5 FARADAY ROAD, and 10% of flats are larger. Note that EPC data is not available for all properties in London.

5 FARADAY ROAD: Plot

5 FARADAY ROAD sits on a plot of roughly 1.8 acres, or 7,271m².

Where is 5 FARADAY ROAD?

5 FARADAY ROAD is located in LONDON, in the E15 postcode district.