According to the public record, Flat 38, Gazelle House 8, London is a modern leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Gazelle House, Manbey Park Road, London, E15.
Manbey Park Road, London, E15 is located in the borough of Newham within the E15 postal district.
Flat 38, Gazelle House 8, London has a single entry in the Land Registry database from September 2007 and a single entry in the EPC database dated November 2010.
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 38 Gazelle House 8 London as £371,376 and the rental value as £2,431 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of Flat 38 Gazelle House 8 London has increased by £3,381 (0.9%) and its rental value has increased by £65 per month (2.7%).
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 38, Gazelle House 8, London is in very good condition we estimate a sale value of £389,945 and rental value of £2,553 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £345,380 and a rental value of £2,261 per month.
If you were able to purchase this property for the estimated value of £371,376, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,825 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 38, Gazelle House 8, London was last sold on 28 Sep 2007 for £275,400 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2007, the market for similar properties has risen 53.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 38, Gazelle House 8, London within a radius of 340 metres over the last 2 years.
The most recent example is Flat 22, Granite Apartments 39, Windmill Lane, London, E15 1PX, a Leasehold flat which sold for £370,000 in Dec 2022.
Read more about house prices in E15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Manbey Park Road, London, E15 has a total of 101 addresses. According to our analysis of all the public data, Flat 38, Gazelle House 8, London is the 50th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £68k less expensive than the average property in E15.
Flat 38, Gazelle House 8, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Nov 2010.
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 38, Gazelle House 8, London is Maryland station which is 0 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 38, Gazelle House 8, London, 40.0% of property is privately rented and 21.8% 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 38, Gazelle House 8, London, 17.5% of residents are recorded as possessing school level qualifications and 48.0% 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 38, Gazelle House 8, London, the average age was 35 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 38, Gazelle House 8, London, 0.2% 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 38, Gazelle House 8, 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.