According to the public record, Flat 134, The Sphere 1, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 1,108 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in The Sphere, Hallsville Road, London, E16.
Hallsville Road, London, E16 is located in the borough of Newham within the E16 postal district.
Flat 134, The Sphere 1, London has a single entry in the Land Registry database from November 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 134 The Sphere 1 London as £516,507 and the rental value as £2,731 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 134 The Sphere 1 London has decreased by £5,618 (1.1%) and its rental value has increased by £59 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 134, The Sphere 1, London is in very good condition we estimate a sale value of £542,332 and rental value of £2,868 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £480,352 and a rental value of £2,540 per month.
If you were able to purchase this property for the estimated value of £516,507, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,538 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 134, The Sphere 1, London was last sold on 03 Nov 2006 for £410,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 134, The Sphere 1, London within a radius of 240 metres over the last 2 years.
The most recent example is Flat 108, Effra Gardens 25, Silvertown Way, London, E16 1RB, a Leasehold flat which sold for £147,500 in Apr 2023.
Read more about house prices in E16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hallsville Road, London, E16 has a total of 204 addresses. According to our analysis of all the public data, Flat 134, The Sphere 1, London is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £128k more expensive than the average property in E16.
The closest station to Flat 134, The Sphere 1, London is Royal Victoria 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 134, The Sphere 1, London, 72.1% of property is privately rented and 14.4% 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 134, The Sphere 1, London, 16.3% of residents are recorded as possessing school level qualifications and 69.0% 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 134, The Sphere 1, 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 134, The Sphere 1, 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 134, The Sphere 1, 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.