According to the public record, Flat 16, Brassett Point, London is a mid-century leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Brassett Point, Abbey Road, London, E15.
Abbey Road, London, E15 is located in the borough of Newham within the E15 postal district.
Flat 16, Brassett Point, London has a single entry in the Land Registry database from February 2011 and a single entry in the EPC database dated May 2021.
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 16 Brassett Point London as £245,080 and the rental value as £1,605 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of Flat 16 Brassett Point London has increased by £3,975 (1.6%) and its rental value has increased by £55 per month (3.4%).
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 16, Brassett Point, London is in very good condition we estimate a sale value of £257,334 and rental value of £1,685 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £227,924 and a rental value of £1,492 per month.
If you were able to purchase this property for the estimated value of £245,080, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,204 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 16, Brassett Point, London was last sold on 11 Feb 2011 for £139,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2011, the market for similar properties has risen 76.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 16, Brassett Point, London within a radius of 360 metres over the last 2 years.
The most recent example is Flat 9, Brassett Point, Abbey Road, London, E15 3LA, a Leasehold flat which sold for £215,000 in Jan 2016.
Read more about house prices in E15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Abbey Road, London, E15 has a total of 226 addresses. According to our analysis of all the public data, Flat 16, Brassett Point, London is the 97th largest and the 103rd most expensive property on the street.
When compared to the postcode district it is £194k less expensive than the average property in E15.
Flat 16, Brassett Point, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 May 2021.
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 16, Brassett Point, London is Abbey Road station which is 300 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 16, Brassett Point, London, 77.6% of property is socially rented and 10.3% 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 16, Brassett Point, London, 26.6% of residents are recorded as possessing school level qualifications and 30.9% 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 16, Brassett Point, London, the average age was 34.6 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 16, Brassett Point, London, 2.8% 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 16, Brassett Point, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.