According to the public record, Flat 3, Mollis House 2A, London is a mid-century leasehold apartment with 828 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Mollis House, Gale Street, London, E3.
Gale Street, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 3, Mollis House 2A, London has a single entry in the Land Registry database from November 2007 and a single entry in the EPC database dated January 2014.
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 3 Mollis House 2A London as £257,213 and the rental value as £1,611 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of Flat 3 Mollis House 2A London has decreased by £4,781 (1.9%) and its rental value has increased by £32 per month (2.0%).
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, Mollis House 2A, London is in very good condition we estimate a sale value of £270,074 and rental value of £1,692 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £239,208 and a rental value of £1,498 per month.
If you were able to purchase this property for the estimated value of £257,213, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,264 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, Mollis House 2A, London was last sold on 16 Nov 2007 for £223,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2007, the market for similar properties has risen 40.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Mollis House 2A, London within a radius of 240 metres over the last 2 years.
The most recent example is Flat 38, Sleaford House, Fern Street, London, E3 3PY, a Leasehold flat which sold for £350,000 in Apr 2024.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gale Street, London, E3 has a total of 122 addresses. According to our analysis of all the public data, Flat 3, Mollis House 2A, London is the 21st largest and the 110th most expensive property on the street.
When compared to the postcode district it is £183k less expensive than the average property in E3.
Flat 3, Mollis House 2A, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jan 2014.
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, Mollis House 2A, London is Devons Road station which is 500 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, Mollis House 2A, London, 43.7% of property is socially rented and 39.9% 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 3, Mollis House 2A, London, 32.1% of residents are recorded as possessing school level qualifications and 35.0% 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 3, Mollis House 2A, London, the average age was 31 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 3, Mollis House 2A, 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 3, Mollis House 2A, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.