According to the public record, 41, Schoolbell Mews, London is a modern leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Schoolbell Mews, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
41, Schoolbell Mews, London has 21 entries in the Land Registry database, most recently in July 2013 and a single entry in the EPC database dated August 2019.
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 41 Schoolbell Mews London as £399,942 and the rental value as £2,267 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 41 Schoolbell Mews London has decreased by £2,239 (0.6%) and its rental value has increased by £79 per month (3.5%).
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 41, Schoolbell Mews, London is in very good condition we estimate a sale value of £419,939 and rental value of £2,380 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £371,946 and a rental value of £2,108 per month.
If you were able to purchase this property for the estimated value of £399,942, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,966 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, 41, Schoolbell Mews, London was last sold on 18 Jul 2013 for £460,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2013, the market for similar properties has risen 34.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Schoolbell Mews, London within a radius of 300 metres over the last 2 years.
The most recent example is 31, Schoolbell Mews, London, E3 5BZ, a Leasehold flat which sold for £350,000 in Aug 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 of a property similar to 41, Schoolbell Mews, London within a radius of 300 metres over the last 2 years.
Most recently 1A, Vivian Road, London, E3 5RE, a Leasehold flat let by Saint Andrews Bureau in Dec 2022.
Schoolbell Mews, London, E3 has a total of 47 addresses. According to our analysis of all the public data, 41, Schoolbell Mews, London is the 32nd largest and the 40th most expensive property on the street.
When compared to the postcode district it is £40k less expensive than the average property in E3.
41, Schoolbell Mews, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Aug 2019.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 41, Schoolbell 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 41, Schoolbell Mews, London, 45.0% of property is privately rented and 24.5% is socially rented.
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 41, Schoolbell Mews, London, 7.6% of residents are recorded as possessing school level qualifications and 65.4% 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 41, Schoolbell 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 41, Schoolbell Mews, London, 0.3% 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 41, Schoolbell Mews, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.