According to the public record, Flat 101, Granite Apartments 39, London is a modern leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Granite Apartments, Windmill Lane, London, E15.
Windmill Lane, London, E15 is located in the borough of Newham within the E15 postal district.
Flat 101, Granite Apartments 39, London has a single entry in the Land Registry database from June 2020 and a single entry in the EPC database dated May 2013.
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 101 Granite Apartments 39 London as £315,898 and the rental value as £2,154 per month giving an expected gross yield of 8.2%.
Over the last 12 months the sale value of Flat 101 Granite Apartments 39 London has increased by £1,420 (0.4%) and its rental value has increased by £49 per month (2.3%).
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 101, Granite Apartments 39, London is in very good condition we estimate a sale value of £331,693 and rental value of £2,262 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £293,785 and a rental value of £2,003 per month.
If you were able to purchase this property for the estimated value of £315,898, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,553 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 101, Granite Apartments 39, London was last sold on 01 Jun 2020 for £320,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2020, the market for similar properties has risen 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 101, Granite Apartments 39, London within a radius of 310 metres over the last 2 years.
The most recent example is 2, Maldon Close, London, E15 1PR, a Leasehold flat which sold for £315,000 in Feb 2024.
Read more about house prices in E15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Windmill Lane, London, E15 has a total of 184 addresses. According to our analysis of all the public data, Flat 101, Granite Apartments 39, London is the 144th largest and the 147th most expensive property on the street.
When compared to the postcode district it is £123k less expensive than the average property in E15.
Flat 101, Granite Apartments 39, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 May 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 101, Granite Apartments 39, London is Maryland 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 Flat 101, Granite Apartments 39, London, 53.4% of property is socially rented and 20.6% is shared ownership.
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 101, Granite Apartments 39, London, 28.7% of residents are recorded as possessing school level qualifications and 51.3% 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 Flat 101, Granite Apartments 39, London, the average age was 33.6 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 Flat 101, Granite Apartments 39, London, 0.7% 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 Flat 101, Granite Apartments 39, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.