According to the public record, 60, Malcolm Way, London is a mid-century apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Malcolm Way, London, E11 is located in the borough of Redbridge within the E11 postal district.
60, Malcolm Way, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated March 2021.
We combine this information with public data 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 60 Malcolm Way London as £428,182 and the rental value as £1,762 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 60 Malcolm Way London has increased by £8,449 (2.0%) and its rental value has increased by £67 per month (3.8%).
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 60, Malcolm Way, London is in very good condition we estimate a sale value of £449,591 and rental value of £1,850 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £398,209 and a rental value of £1,638 per month.
If you were able to purchase this property for the estimated value of £428,182, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,104 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, 60, Malcolm Way, London was last sold on 01 Sep 1999 for £83,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 60, Malcolm Way, London within a radius of 440 metres over the last 2 years.
The most recent example is 8, Malcolm Way, London, E11 1PW, a Leasehold flat which sold for £380,000 in Nov 2022.
Read more about house prices in E11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malcolm Way, London, E11 has a total of 76 addresses. According to our analysis of all the public data, 60, Malcolm Way, London is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £187k less expensive than the average property in E11.
60, Malcolm Way, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Mar 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 60, Malcolm Way, London is Snaresbrook 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 60, Malcolm Way, London, 39.8% of property is privately rented and 26.7% 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 60, Malcolm Way, London, 15.0% of residents are recorded as possessing school level qualifications and 59.1% 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 60, Malcolm Way, 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 60, Malcolm Way, London, 1.8% 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 60, Malcolm Way, 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.