8, MILL ROAD, LONDON, E16 2BE - £455,000

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.

8 MILL ROAD is a small extended terraced house of 85m², built sometime between 1900 and 1929, which could now be worth an estimated £513,314. It was last sold for £455,000 in April 2019, which was around 11% above the average April 2019 terraced price in the Newham local authority area. The most recent EPC inspection was January 2019, where the current energy rating was E, and the potential energy rating was B.

8 MILL ROAD Sold Prices

Land registry data shows one sale for 8 MILL ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Newham local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 12 APR	£455,000	£408,323	11% above HPI

What might 8 MILL ROAD be worth now?

8 MILL ROAD might now be worth an estimated £513,314.

This is based on house price inflation of 12.8%, between April 2019 and April 2026, for terraced houses, in the Newham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.8% inflationary increase is applied to the most recent sale price for 8 MILL ROAD of £455,000 on 12th April 2019. For the value to have increased from £455,000 to £513,314 over the seven years to April 2026, the following assumptions must hold true:

• The value of 8 MILL ROAD has moved in line with the HPI for terraced houses in the Newham local authority area.
• The April 2019 sale price of £455,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MILL ROAD has not materially changed since April 2019.

How Large is 8 MILL ROAD?

8 MILL ROAD is 85m², which includes two extensions, according to the EPC inspection conducted in January 2019. This puts it in the smallest 40% of terraced houses in London, based on EPC data. The below chart shows the distribution of terraced houses by size in London, and where 8 MILL ROAD lies on this distribution: 39% of terraced houses are smaller than 8 MILL ROAD, and 60% of terraced houses are larger. Note that EPC data is not available for all properties in London.

8 MILL ROAD: Plot

8 MILL ROAD sits on a plot of roughly 0.032 of an acre, or 130m².

Where is 8 MILL ROAD?

8 MILL ROAD is located in LONDON, in the E16 postcode district.