According to the public record, Flat 13, Marmara Apartments 13, London is a modern leasehold apartment with 1,044 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Marmara Apartments, Western Gateway, London, E16.
Western Gateway, London, E16 is located in the borough of Newham within the E16 postal district.
Flat 13, Marmara Apartments 13, London has 21 entries in the Land Registry database, most recently in September 2022 and a single entry in the EPC database dated June 2020.
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 13 Marmara Apartments 13 London as £519,943 and the rental value as £2,671 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 13 Marmara Apartments 13 London has decreased by £11,063 (2.1%) and its rental value has increased by £46 per month (1.7%).
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 13, Marmara Apartments 13, London is in very good condition we estimate a sale value of £545,940 and rental value of £2,805 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £483,547 and a rental value of £2,484 per month.
If you were able to purchase this property for the estimated value of £519,943, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,555 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 13, Marmara Apartments 13, London was last sold on 02 Sep 2022 for £565,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2022, the market for similar properties has dropped 1.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 13, Marmara Apartments 13, London within a radius of 350 metres over the last 2 years.
The most recent example is Flat 37, Balearic Apartments 15, Western Gateway, London, E16 1AP, a Leasehold flat which sold for £480,000 in Feb 2024.
Read more about house prices in E16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Western Gateway, London, E16 has a total of 1398 addresses. According to our analysis of all the public data, Flat 13, Marmara Apartments 13, London is the 177th largest and the 453rd most expensive property on the street.
When compared to the postcode district it is £132k more expensive than the average property in E16.
Flat 13, Marmara Apartments 13, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jun 2020.
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 13, Marmara Apartments 13, 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 Flat 13, Marmara Apartments 13, London, 70.3% of property is privately rented and 20.3% 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 Flat 13, Marmara Apartments 13, London, 13.1% of residents are recorded as possessing school level qualifications and 65.0% 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 Flat 13, Marmara Apartments 13, 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 Flat 13, Marmara Apartments 13, 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 Flat 13, Marmara Apartments 13, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.