According to the public record, 4, Chelsea Mews 45-47, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 841 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Chelsea Mews, New Wanstead, London, E11.
New Wanstead, London, E11 is located in the borough of Redbridge within the E11 postal district.
4, Chelsea Mews 45-47, London has 2 entries in the Land Registry database, most recently in September 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 4 Chelsea Mews 45-47 London as £551,284 and the rental value as £2,070 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 4 Chelsea Mews 45-47 London has increased by £19,188 (3.5%) and its rental value has increased by £103 per month (5.0%).
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 4, Chelsea Mews 45-47, London is in very good condition we estimate a sale value of £578,848 and rental value of £2,173 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £512,694 and a rental value of £1,925 per month.
If you were able to purchase this property for the estimated value of £551,284, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,709 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 HM Land Registry, 4, Chelsea Mews 45-47, London was last sold on 07 Sep 2012 for £315,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2012, the market for similar properties has risen 82.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 4, Chelsea Mews 45-47, London within a radius of 540 metres over the last 2 years.
The most recent example is 10, Chelsea Mews 45-47, New Wanstead, London, E11 2SA, a Leasehold flat which sold for £511,875 in Jul 2023.
Read more about house prices in E11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Wanstead, London, E11 has a total of 320 addresses. According to our analysis of all the public data, 4, Chelsea Mews 45-47, London is the 79th largest and the 79th most expensive property on the street.
When compared to the postcode district it is £64k less expensive than the average property in E11.
The closest station to 4, Chelsea Mews 45-47, London is Snaresbrook station which is 500 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 4, Chelsea Mews 45-47, London, 53.3% of property is privately rented and 25.0% 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 4, Chelsea Mews 45-47, London, 20.3% of residents are recorded as possessing school level qualifications and 62.6% 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 4, Chelsea Mews 45-47, London, the average age was 41.5 and the most common age was 37.
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 4, Chelsea Mews 45-47, London, 1.5% 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 4, Chelsea Mews 45-47, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.