According to the public record, Flat 13, Mollis House 2A, London is a mid-century apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Mollis House, Gale Street, London, E3.
Gale Street, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 13, Mollis House 2A, London has no records in the Land Registry database and a single entry in the EPC database dated September 2023.
We combine this information with public data 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 Mollis House 2A London as £230,786 and the rental value as £1,405 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of Flat 13 Mollis House 2A London has decreased by £3,948 (1.7%) and its rental value has increased by £30 per month (2.2%).
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, Mollis House 2A, London is in very good condition we estimate a sale value of £242,325 and rental value of £1,476 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £214,631 and a rental value of £1,307 per month.
If you were able to purchase this property for the estimated value of £230,786, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,134 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 13, Mollis House 2A, London within a radius of 240 metres over the last 2 years.
The most recent example is Flat 21, Sleaford House, Fern Street, London, E3 3PY, a Leasehold flat which sold for £260,000 in Aug 2017.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gale Street, London, E3 has a total of 122 addresses. According to our analysis of all the public data, Flat 13, Mollis House 2A, London is the 81st largest and the 120th most expensive property on the street.
When compared to the postcode district it is £209k less expensive than the average property in E3.
Flat 13, Mollis House 2A, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Sep 2023.
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 13, Mollis House 2A, London is Devons Road 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 13, Mollis House 2A, London, 43.7% of property is socially rented and 39.9% 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 13, Mollis House 2A, London, 32.1% of residents are recorded as possessing school level qualifications and 35.0% 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, Mollis House 2A, London, the average age was 31 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, Mollis House 2A, 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 13, Mollis House 2A, 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.