According to the public record, 9, Mason Close, London is a mid-century leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Mason Close, London, E16 is located in the borough of Newham within the E16 postal district.
9, Mason Close, London has a single entry in the Land Registry database from July 2019 and a single entry in the EPC database dated December 2015.
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 9 Mason Close London as £278,522 and the rental value as £1,632 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 9 Mason Close London has increased by £5,611 (2.0%) and its rental value has increased by £98 per month (6.0%).
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 9, Mason Close, London is in very good condition we estimate a sale value of £292,448 and rental value of £1,713 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £259,025 and a rental value of £1,518 per month.
If you were able to purchase this property for the estimated value of £278,522, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,369 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, 9, Mason Close, London was last sold on 17 Jul 2019 for £280,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2019, the market for similar properties has dropped 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Mason Close, London within a radius of 310 metres over the last 2 years.
The most recent example is 21, Fendt Close, London, E16 1LB, a Leasehold flat which sold for £290,000 in Dec 2023.
Read more about house prices in E16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 310 metres radius of 9, Mason Close, London over the last 2 years.
Most recently 706, Gateway Tower 28, Western Gateway, London, E16 1YL, a Leasehold flat let by Saint Andrews Bureau in Mar 2024.
Mason Close, London, E16 has a total of 24 addresses. According to our analysis of all the public data, 9, Mason Close, London is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £110k less expensive than the average property in E16.
9, Mason Close, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Dec 2015.
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 9, Mason Close, London is Royal Victoria 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 9, Mason Close, London, 51.0% of property is socially rented and 19.8% is privately 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 9, Mason Close, London, 28.3% of residents are recorded as possessing school level qualifications and 34.0% 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 9, Mason Close, London, the average age was 33.3 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 9, Mason Close, London, 0.0% 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 9, Mason Close, 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.