According to the public record, First Floor Flat, 78, Millais Road, London is a period leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 78, Millais Road, London, E11.
Millais Road, London, E11 is located in the borough of Waltham Forest within the E11 postal district.
First Floor Flat, 78, Millais Road, London has a single entry in the Land Registry database from June 2018 and a single entry in the EPC database dated February 2016.
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 First Floor Flat 78 Millais Road London as £436,860 and the rental value as £1,642 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of First Floor Flat 78 Millais Road London has increased by £14,695 (3.4%) and its rental value has increased by £72 per month (4.4%).
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 First Floor Flat, 78, Millais Road, London is in very good condition we estimate a sale value of £458,703 and rental value of £1,724 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £406,280 and a rental value of £1,527 per month.
If you were able to purchase this property for the estimated value of £436,860, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,147 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, First Floor Flat, 78, Millais Road, London was last sold on 26 Jun 2018 for £345,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2018, the market for similar properties has risen 7.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to First Floor Flat, 78, Millais Road, London within a radius of 330 metres over the last 2 years.
The most recent example is 107A , Leslie Road, London, E11 4HF, a Leasehold flat which sold for £416,680 in Nov 2023.
Read more about house prices in E11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millais Road, London, E11 has a total of 184 addresses. According to our analysis of all the public data, First Floor Flat, 78, Millais Road, London is the 134th largest and the 116th most expensive property on the street.
When compared to the postcode district it is £179k less expensive than the average property in E11.
First Floor Flat, 78, Millais Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Feb 2016.
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 First Floor Flat, 78, Millais Road, London is Leyton station which is 400 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 First Floor Flat, 78, Millais Road, London, 44.9% of property is privately rented and 27.6% 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 First Floor Flat, 78, Millais Road, London, 17.7% of residents are recorded as possessing school level qualifications and 54.3% 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 First Floor Flat, 78, Millais Road, London, the average age was 35.3 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 First Floor Flat, 78, Millais Road, London, 1.7% 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 First Floor Flat, 78, Millais Road, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.