According to the public record, Flat 3, Lyndhurst Lodge 2, London is a mid-century apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Lyndhurst Lodge, Millennium Drive, London, E14.
Millennium Drive, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 3, Lyndhurst Lodge 2, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated January 2020.
We combine this information with public data 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 3 Lyndhurst Lodge 2 London as £400,052 and the rental value as £2,145 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 3 Lyndhurst Lodge 2 London has decreased by £1,100 (0.3%) and its rental value has increased by £110 per month (5.1%).
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 3, Lyndhurst Lodge 2, London is in very good condition we estimate a sale value of £420,055 and rental value of £2,253 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £372,049 and a rental value of £1,995 per month.
If you were able to purchase this property for the estimated value of £400,052, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,966 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 3, Lyndhurst Lodge 2, London was last sold on 28 Jul 2000 for £145,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Lyndhurst Lodge 2, London within a radius of 420 metres over the last 2 years.
The most recent example is Flat 20, Fawley Lodge 1, Millennium Drive, London, E14 3GA, a Leasehold flat which sold for £415,000 in Oct 2023.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millennium Drive, London, E14 has a total of 208 addresses. According to our analysis of all the public data, Flat 3, Lyndhurst Lodge 2, London is the 159th largest and the 146th most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in E14.
Flat 3, Lyndhurst Lodge 2, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Jan 2020.
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 3, Lyndhurst Lodge 2, London is Island Gardens station which is 700 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 3, Lyndhurst Lodge 2, London, 45.5% of property is privately rented and 24.8% 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 3, Lyndhurst Lodge 2, London, 17.1% of residents are recorded as possessing school level qualifications and 64.3% 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 3, Lyndhurst Lodge 2, London, the average age was 34.3 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 3, Lyndhurst Lodge 2, London, 1.3% 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 3, Lyndhurst Lodge 2, 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.