According to the public record, Flat 332, Riverside Mansions, London is a early-century leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Riverside Mansions, Milk Yard, London, E1.
Milk Yard, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 332, Riverside Mansions, London has a single entry in the Land Registry database from June 2019 and a single entry in the EPC database dated March 2019.
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 332 Riverside Mansions London as £456,782 and the rental value as £2,642 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Flat 332 Riverside Mansions London has decreased by £5,316 (1.2%) and its rental value has increased by £88 per month (3.3%).
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 332, Riverside Mansions, London is in very good condition we estimate a sale value of £479,621 and rental value of £2,774 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £424,807 and a rental value of £2,457 per month.
If you were able to purchase this property for the estimated value of £456,782, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,245 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 332, Riverside Mansions, London was last sold on 26 Jun 2019 for £500,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2019, the market for similar properties has dropped 3.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 332, Riverside Mansions, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 327, Riverside Mansions, Milk Yard, London, E1W 3SZ, a Leasehold flat which sold for £490,000 in Nov 2022.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets within a 310 metres radius of Flat 332, Riverside Mansions, London over the last 2 years.
Most recently Flat 19, 146, Wapping High Street, London, E1W 3PE, a Leasehold flat let by Saint Andrews Bureau in Apr 2024.
Milk Yard, London, E1 has a total of 164 addresses. According to our analysis of all the public data, Flat 332, Riverside Mansions, London is the 133rd largest and the 131st most expensive property on the street.
When compared to the postcode district it is £65k less expensive than the average property in E1.
Flat 332, Riverside Mansions, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 07 Mar 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 332, Riverside Mansions, London is Wapping station which is 400 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 332, Riverside Mansions, London, 40.8% of property is privately rented and 23.3% 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 332, Riverside Mansions, London, 8.1% of residents are recorded as possessing school level qualifications and 78.6% 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 332, Riverside Mansions, London, the average age was 37.5 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 332, Riverside Mansions, London, 0.9% 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 332, Riverside Mansions, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.