According to the public record, Flat 303, Mellor House 57, London is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Mellor House, Upper North Street, London, E14.
Upper North Street, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 303, Mellor House 57, London has a single entry in the Land Registry database from March 2015 and a single entry in the EPC database dated February 2015.
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 303 Mellor House 57 London as £330,176 and the rental value as £1,745 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 303 Mellor House 57 London has increased by £1,883 (0.6%) and its rental value has increased by £36 per month (2.1%).
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 303, Mellor House 57, London is in very good condition we estimate a sale value of £346,685 and rental value of £1,833 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £307,064 and a rental value of £1,623 per month.
If you were able to purchase this property for the estimated value of £330,176, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,623 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 303, Mellor House 57, London was last sold on 13 Mar 2015 for £230,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2015, the market for similar properties has risen 5.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 303, Mellor House 57, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat G07, Felix Point 5, Epstein Square, London, E14 6FX, a Leasehold flat which sold for £125,125 in Jan 2024.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Upper North Street, London, E14 has a total of 332 addresses. According to our analysis of all the public data, Flat 303, Mellor House 57, London is the 240th largest and the 212th most expensive property on the street.
When compared to the postcode district it is £154k less expensive than the average property in E14.
Flat 303, Mellor House 57, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Feb 2015.
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 303, Mellor House 57, London is Langdon Park 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 303, Mellor House 57, London, 51.2% of property is privately rented and 28.4% 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 303, Mellor House 57, London, 9.8% of residents are recorded as possessing school level qualifications and 68.1% 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 303, Mellor House 57, London, the average age was 31.2 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 303, Mellor House 57, 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 303, Mellor House 57, 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.