According to the public record, Flat 29, Essex Mansions 1, London is a early-century leasehold apartment with 355 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Essex Mansions, Essex Road South, London, E11.
Essex Road South, London, E11 is located in the borough of Waltham Forest within the E11 postal district.
Flat 29, Essex Mansions 1, London has a single entry in the Land Registry database from March 2014 and a single entry in the EPC database dated November 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 29 Essex Mansions 1 London as £268,744 and the rental value as £1,304 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 29 Essex Mansions 1 London has increased by £9,717 (3.6%) and its rental value has increased by £63 per month (4.9%).
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 29, Essex Mansions 1, London is in very good condition we estimate a sale value of £282,181 and rental value of £1,369 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £249,932 and a rental value of £1,213 per month.
If you were able to purchase this property for the estimated value of £268,744, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,321 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 29, Essex Mansions 1, London was last sold on 12 Mar 2014 for £117,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2014, the market for similar properties has risen 51.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 29, Essex Mansions 1, London within a radius of 360 metres over the last 2 years.
The most recent example is Flat 27, Essex Mansions 1, Essex Road South, London, E11 1JP, a Leasehold flat which sold for £277,500 in Aug 2023.
Read more about house prices in E11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Essex Road South, London, E11 has a total of 39 addresses. According to our analysis of all the public data, Flat 29, Essex Mansions 1, London is the 31st largest and the 31st most expensive property on the street.
When compared to the postcode district it is £347k less expensive than the average property in E11.
Flat 29, Essex Mansions 1, London has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 23 Nov 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 29, Essex Mansions 1, London is Leytonstone station which is 600 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 29, Essex Mansions 1, London, 37.8% of property is privately owned with a mortgage and 34.0% 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 29, Essex Mansions 1, London, 19.0% of residents are recorded as possessing school level qualifications and 58.7% 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 29, Essex Mansions 1, London, the average age was 37.3 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 29, Essex Mansions 1, London, 0.3% 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 29, Essex Mansions 1, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.