According to the public record, Flat 306, Marlyn Lodge, London is a modern leasehold apartment and with 419 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Marlyn Lodge, Portsoken Street, London, E1.
Portsoken Street, London, E1 is located in the borough of City and County of the City of London within the E1 postal district.
Flat 306, Marlyn Lodge, London has a single entry in the Land Registry database from September 2022 and 2 entries in the EPC database, most recently in February 2013.
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 306 Marlyn Lodge London as £405,265 and the rental value as £1,984 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 306 Marlyn Lodge London has decreased by £4,673 (1.2%) and its rental value has increased by £84 per month (4.2%).
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 306, Marlyn Lodge, London is in very good condition we estimate a sale value of £425,528 and rental value of £2,083 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £376,896 and a rental value of £1,845 per month.
If you were able to purchase this property for the estimated value of £405,265, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,992 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 306, Marlyn Lodge, London was last sold on 16 Sep 2022 for £450,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2022, the market for similar properties has dropped 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 306, Marlyn Lodge, London within a radius of 201m over the last 2 years.
The most recent example is Flat 27, Londinium Tower 87, Mansell Street, London, E1 8AP, a Leasehold flat which sold for £405,000 in Jul 2022.
Read more about house prices in E1.
Our network of Estate Agents report 2 lets within a 235m radius of Flat 306, Marlyn Lodge, London over the last 2 years.
Most recently Flat 123, 85, Royal Mint Street, London, E1 8AS, a Leasehold flat let by Fine Living for an undisclosed amount in May 2020.
Portsoken Street, London, E1 has a total of 69 addresses. According to our analysis of all the public data, Flat 306, Marlyn Lodge, London is the 43rd largest and the 44th most expensive property on the street.
When compared to the postcode district it is £116k less expensive than the average property in E1.
Flat 306, Marlyn Lodge, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Feb 2013.
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 306, Marlyn Lodge, London is Tower Gateway station which is 200 m 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 306, Marlyn Lodge, London, 45.2% of property is privately rented and 40.5% is socially 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 306, Marlyn Lodge, London, 28.1% of residents are recorded as possessing school level qualifications and 48.9% 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 306, Marlyn Lodge, London, the average age was 40.7 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 306, Marlyn Lodge, London, 0.0% 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 306, Marlyn Lodge, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.