7, ROBSON CLOSE, LONDON, E6 5TD - £250,000

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.

7 ROBSON CLOSE is a very small flat of 48m², built sometime between 1976 and 1982, which could now be worth an estimated £247,285. It was last sold for £250,000 in August 2018, which was around 27% below the average August 2018 flat price in the Newham local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

7 ROBSON CLOSE Sold Prices

Land registry data shows four sales for 7 ROBSON CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Newham local authority area for the corresponding sale date. All of the four 7 ROBSON CLOSE sales were for below 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
2018 15 AUG	£250,000	£342,208	27% below HPI
2006 18 APR	£150,000	£192,165	22% below HPI
2002 7 MAR	£88,995	£127,811	30% below HPI
2000 25 AUG	£65,000	£97,103	33% below HPI

What might 7 ROBSON CLOSE be worth now?

7 ROBSON CLOSE might now be worth an estimated £247,285.

This is based on house price deflation of 1.1%, between August 2018 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 1.1% deflationary decrease is applied to the most recent sale price for 7 ROBSON CLOSE of £250,000 on 15th August 2018. For the value to have decreased from £250,000 to £247,285 over the eight years and three months to May 2026, the following assumptions must hold true:

• The value of 7 ROBSON CLOSE has moved in line with the HPI for flats in the Newham local authority area.
• The August 2018 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 7 ROBSON CLOSE has not materially changed since August 2018.

How Large is 7 ROBSON CLOSE?

7 ROBSON CLOSE is 48m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 20% of flats in London, based on EPC data. 20% of flats are smaller than 7 ROBSON CLOSE, and 78% of flats are larger. Note that EPC data is not available for all properties in London.

7 ROBSON CLOSE: Plot

7 ROBSON CLOSE sits on a plot of roughly 2.9 acres, or 11,574m².

Where is 7 ROBSON CLOSE?

7 ROBSON CLOSE is located in LONDON, in the E6 postcode district.