According to the public record, Flat 353, Riverside Mansions, London is a early-century leasehold apartment with 678 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 353, Riverside Mansions, London has 41 entries in the Land Registry database, most recently in May 2022 and a single entry in the EPC database dated October 2020.
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 353 Riverside Mansions London as £461,515 and the rental value as £2,663 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Flat 353 Riverside Mansions London has decreased by £5,371 (1.2%) and its rental value has increased by £89 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 353, Riverside Mansions, London is in very good condition we estimate a sale value of £484,591 and rental value of £2,796 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £429,209 and a rental value of £2,477 per month.
If you were able to purchase this property for the estimated value of £461,515, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,268 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 353, Riverside Mansions, London was last sold on 16 May 2022 for £480,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since May 2022, the market for similar properties has dropped 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 353, Riverside Mansions, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 213, Riverside Mansions, Milk Yard, London, E1W 3TA, a Leasehold flat which sold for £570,000 in Jun 2024.
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 353, 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 353, Riverside Mansions, London is the 126th largest and the 123rd most expensive property on the street.
When compared to the postcode district it is £60k less expensive than the average property in E1.
Flat 353, Riverside Mansions, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 Oct 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 353, 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 353, Riverside Mansions, London, 51.5% of property is privately rented and 32.1% 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 353, Riverside Mansions, London, 12.9% of residents are recorded as possessing school level qualifications and 79.8% 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 353, 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 353, Riverside Mansions, 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 353, 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.