According to the public record, Flat 22, Aegean Apartments 19, London is a modern leasehold apartment with 1,076 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Aegean Apartments, Western Gateway, London, E16.
Western Gateway, London, E16 is located in the borough of Newham within the E16 postal district.
Flat 22, Aegean Apartments 19, London has 31 entries in the Land Registry database, most recently in December 2022 and a single entry in the EPC database dated August 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 22 Aegean Apartments 19 London as £604,011 and the rental value as £2,726 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of Flat 22 Aegean Apartments 19 London has decreased by £12,257 (2.0%) and its rental value has increased by £50 per month (1.8%).
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 22, Aegean Apartments 19, London is in very good condition we estimate a sale value of £634,212 and rental value of £2,862 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £561,730 and a rental value of £2,535 per month.
If you were able to purchase this property for the estimated value of £604,011, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,969 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 22, Aegean Apartments 19, London was last sold on 21 Dec 2022 for £600,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2022, the market for similar properties has dropped 1.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 22, Aegean Apartments 19, London within a radius of 340 metres over the last 2 years.
The most recent example is Flat 33, Aegean Apartments 19, Western Gateway, London, E16 1AR, a Leasehold flat which sold for £680,000 in Dec 2023.
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 22, Aegean Apartments 19, London is the 152nd largest and the 112th most expensive property on the street.
When compared to the postcode district it is £216k more expensive than the average property in E16.
Flat 22, Aegean Apartments 19, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Aug 2022.
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 22, Aegean Apartments 19, London is Royal Victoria 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 22, Aegean Apartments 19, London, 64.7% of property is privately rented and 24.2% 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 22, Aegean Apartments 19, London, 7.4% of residents are recorded as possessing school level qualifications and 81.6% 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 22, Aegean Apartments 19, 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 22, Aegean Apartments 19, 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 22, Aegean Apartments 19, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.