According to the public record, 2, Medway Mews, London is a mid-century leasehold house with 761 ft2 of internal area and sits on a 368 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Medway Mews, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
2, Medway Mews, London has 31 entries in the Land Registry database, most recently in February 2013 and a single entry in the EPC database dated April 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Medway Mews London as £723,062 and the rental value as £4,113 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 2 Medway Mews London has increased by £6,390 (0.9%) and its rental value has increased by £209 per month (5.1%).
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 2, Medway Mews, London is in very good condition we estimate a sale value of £759,215 and rental value of £4,318 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £672,448 and a rental value of £3,825 per month.
If you were able to purchase this property for the estimated value of £723,062, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,554 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 2, Medway Mews, London sits on a plot of 368m2.
According to HM Land Registry, 2, Medway Mews, London was last sold on 01 Feb 2013 for £476,000 and was recorded as a leasehold house.
The property has had 3 sales since 1995.
Since Feb 2013, the market for similar properties has risen 56.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Medway Mews, London within a radius of 270 metres over the last 2 years.
The most recent example is 1C, Hewlett Road, London, E3 5NA, a Freehold house which sold for £544,000 in May 2023.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 270 metres radius of 2, Medway Mews, London over the last 2 years.
Most recently 1A, Vivian Road, London, E3 5RE, a Leasehold flat let by Saint Andrews Bureau in Dec 2022.
Medway Mews, London, E3 has a total of 6 addresses. According to our analysis of all the public data, 2, Medway Mews, London is the largest and the most expensive property on the street.
When compared to the postcode district it is £283k more expensive than the average property in E3.
2, Medway Mews, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Apr 2009.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 2, Medway Mews, London is Mile End station which is 600 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Medway Mews, London, 37.3% of property is privately rented and 24.7% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Medway Mews, London, 20.2% of residents are recorded as possessing school level qualifications and 65.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Medway Mews, London, the average age was 34.8 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Medway Mews, London, 4.5% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Medway Mews, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.