According to the public record, Flat 24, Granary Court 1, London is a modern leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Granary Court, Millstone Close, London, E15.
Millstone Close, London, E15 is located in the borough of Newham within the E15 postal district.
Flat 24, Granary Court 1, London has a single entry in the Land Registry database from August 2019 and a single entry in the EPC database dated January 2019.
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 24 Granary Court 1 London as £160,276 and the rental value as £1,113 per month giving an expected gross yield of 8.3%.
Over the last 12 months the sale value of Flat 24 Granary Court 1 London has increased by £721 (0.4%) and its rental value has increased by £25 per month (2.3%).
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 24, Granary Court 1, London is in very good condition we estimate a sale value of £168,289 and rental value of £1,169 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £149,056 and a rental value of £1,035 per month.
If you were able to purchase this property for the estimated value of £160,276, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £788 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 24, Granary Court 1, London was last sold on 01 Aug 2019 for £174,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2019, the market for similar properties has risen 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 300 metres radius of Flat 24, Granary Court 1, London over the last 2 years.
The most recent example is Flat 31, Granary Court 1, Millstone Close, London, E15 1PD, a Leasehold flat which sold for £142,000 in Oct 2018.
Read more about house prices in E15.
Millstone Close, London, E15 has a total of 148 addresses. According to our analysis of all the public data, Flat 24, Granary Court 1, London is the 85th largest and the 140th most expensive property on the street.
When compared to the postcode district it is £279k less expensive than the average property in E15.
Flat 24, Granary Court 1, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Jan 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 24, Granary Court 1, London is Maryland 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 24, Granary Court 1, London, 71.4% of property is privately rented and 16.3% 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 24, Granary Court 1, London, 14.9% of residents are recorded as possessing school level qualifications and 51.0% 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 24, Granary Court 1, London, the average age was 33.6 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 24, Granary Court 1, London, 1.1% 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 24, Granary Court 1, 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.