According to the public record, 58, Hallings Wharf Studios 1, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 733 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Hallings Wharf Studios, Channelsea Road, London, E15.
Channelsea Road, London, E15 is located in the borough of Newham within the E15 postal district.
58, Hallings Wharf Studios 1, London has a single entry in the Land Registry database from May 2008 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 58 Hallings Wharf Studios 1 London as £386,194 and the rental value as £2,491 per month giving an expected gross yield of 7.7%.
Over the last 12 months the sale value of 58 Hallings Wharf Studios 1 London has increased by £1,238 (0.3%) and its rental value has increased by £54 per month (2.2%).
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 58, Hallings Wharf Studios 1, London is in very good condition we estimate a sale value of £405,504 and rental value of £2,615 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £359,161 and a rental value of £2,317 per month.
If you were able to purchase this property for the estimated value of £386,194, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,898 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, 58, Hallings Wharf Studios 1, London was last sold on 27 May 2008 for £261,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2008, the market for similar properties has risen 57.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 58, Hallings Wharf Studios 1, London within a radius of 360 metres over the last 2 years.
The most recent example is Apartment 13, Burford Wharf Apartments 3, Cam Road, London, E15 2SG, a Leasehold flat which sold for £415,000 in Jun 2022.
Read more about house prices in E15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Channelsea Road, London, E15 has a total of 86 addresses. According to our analysis of all the public data, 58, Hallings Wharf Studios 1, London is the 72nd largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £53k less expensive than the average property in E15.
The closest station to 58, Hallings Wharf Studios 1, London is Stratford High Street station which is 200 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 58, Hallings Wharf Studios 1, London, 61.5% of property is privately rented and 19.2% 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 58, Hallings Wharf Studios 1, London, 12.4% of residents are recorded as possessing school level qualifications and 71.0% 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 58, Hallings Wharf Studios 1, London, the average age was 33.6 and the most common age was 27.
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 58, Hallings Wharf Studios 1, London, 1.6% 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 58, Hallings Wharf Studios 1, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.