According to the public record, Flat 1, 55, Mornington Road, London is a period leasehold apartment with 312 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 55, Mornington Road, London, E11.
Mornington Road, London, E11 is located in the borough of Waltham Forest within the E11 postal district.
Flat 1, 55, Mornington Road, London has a single entry in the Land Registry database from July 2016 and a single entry in the EPC database dated September 2018.
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 Flat 1 55 Mornington Road London as £266,030 and the rental value as £1,257 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Flat 1 55 Mornington Road London has increased by £9,944 (3.7%) and its rental value has increased by £63 per month (5.0%).
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 Flat 1, 55, Mornington Road, London is in very good condition we estimate a sale value of £279,331 and rental value of £1,320 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £247,408 and a rental value of £1,169 per month.
If you were able to purchase this property for the estimated value of £266,030, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,307 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, Flat 1, 55, Mornington Road, London was last sold on 28 Jul 2016 for £245,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2016, the market for similar properties has risen 13.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 55, Mornington Road, London within a radius of 470 metres over the last 2 years.
The most recent example is Flat 2, 708, High Road Leytonstone, London, E11 3AJ, a Leasehold flat which sold for £246,500 in Nov 2022.
Read more about house prices in E11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mornington Road, London, E11 has a total of 223 addresses. According to our analysis of all the public data, Flat 1, 55, Mornington Road, London is the 222nd largest and the 223rd most expensive property on the street.
When compared to the postcode district it is £350k less expensive than the average property in E11.
Flat 1, 55, Mornington Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Sep 2018.
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 Flat 1, 55, Mornington Road, London is Leytonstone station which is 500 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 Flat 1, 55, Mornington Road, London, 27.9% of property is privately owned with a mortgage and 27.2% 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 Flat 1, 55, Mornington Road, London, 21.3% of residents are recorded as possessing school level qualifications and 44.6% 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 Flat 1, 55, Mornington Road, London, the average age was 35.6 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 Flat 1, 55, Mornington Road, London, 0.9% 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 Flat 1, 55, Mornington Road, 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.