According to the public record, Flat 2, Shalimar House 1, London is a modern leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Shalimar House, Harold Road, London, E13.
Harold Road, London, E13 is located in the borough of Newham within the E13 postal district.
Flat 2, Shalimar House 1, London has a single entry in the Land Registry database from July 2007 and a single entry in the EPC database dated January 2022.
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 2 Shalimar House 1 London as £214,830 and the rental value as £1,283 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of Flat 2 Shalimar House 1 London has increased by £9,153 (4.3%) and its rental value has increased by £74 per month (5.7%).
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 2, Shalimar House 1, London is in very good condition we estimate a sale value of £225,572 and rental value of £1,347 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £199,792 and a rental value of £1,193 per month.
If you were able to purchase this property for the estimated value of £214,830, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,056 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 2, Shalimar House 1, London was last sold on 13 Jul 2007 for £150,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2007, the market for similar properties has risen 56.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Shalimar House 1, London within a radius of 330 metres over the last 2 years.
The most recent example is 484B , Green Street, London, E13 9DB, a Leasehold flat which sold for £160,000 in Jan 2019.
Read more about house prices in E13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Harold Road, London, E13 has a total of 227 addresses. According to our analysis of all the public data, Flat 2, Shalimar House 1, London is the 221st largest and the 226th most expensive property on the street.
When compared to the postcode district it is £162k less expensive than the average property in E13.
Flat 2, Shalimar House 1, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Jan 2022.
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 2, Shalimar House 1, London is Upton Park station which is 100 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 2, Shalimar House 1, London, 38.2% of property is privately rented and 30.9% is privately owned outright.
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 2, Shalimar House 1, London, 25.3% of residents are recorded as possessing school level qualifications and 30.0% 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 2, Shalimar House 1, London, the average age was 33.9 and the most common age was 32.
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 2, Shalimar House 1, London, 0.8% 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 2, Shalimar House 1, London, there are an average of 0.8 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.