According to the public record, 227A, Mile End Road, London is a mid-century leasehold apartment with 1,280 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Mile End Road, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
227A, Mile End Road, London has a single entry in the Land Registry database from April 2008 and a single entry in the EPC database dated September 2014.
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 227A Mile End Road London as £366,468 and the rental value as £2,031 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 227A Mile End Road London has decreased by £2,170 (0.6%) and its rental value has increased by £73 per month (3.6%).
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 227A, Mile End Road, London is in very good condition we estimate a sale value of £384,791 and rental value of £2,133 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £340,815 and a rental value of £1,889 per month.
If you were able to purchase this property for the estimated value of £366,468, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,801 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, 227A, Mile End Road, London was last sold on 17 Apr 2008 for £310,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2008, the market for similar properties has risen 58.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 310 metres radius of 227A, Mile End Road, London over the last 2 years.
The most recent example is Flat 3, 229, Mile End Road, London, E1 4AA, a Leasehold flat which sold for £155,000 in Apr 2014.
Read more about house prices in E1.
Mile End Road, London, E1 has a total of 1238 addresses. According to our analysis of all the public data, 227A, Mile End Road, London is the 22nd largest and the 912th most expensive property on the street.
When compared to the postcode district it is £155k less expensive than the average property in E1.
227A, Mile End Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Sep 2014.
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 227A, Mile End Road, London is Stepney Green station which is 100 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 227A, Mile End Road, London, 44.6% of property is socially rented and 40.5% 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 227A, Mile End Road, London, 21.5% of residents are recorded as possessing school level qualifications and 41.8% 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 227A, Mile End Road, London, the average age was 29.4 and the most common age was 17.
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 227A, Mile End Road, 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 227A, Mile End Road, 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.