According to the public record, Flat 4, City Mill Apartments, London is a modern leasehold apartment and with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in City Mill Apartments, Lee Street, London, E8.
Lee Street, London, E8 is located in the borough of Hackney within the E8 postal district.
Flat 4, City Mill Apartments, London has a single entry in the Land Registry database from October 2014 and 2 entries in the EPC database, most recently in January 2024.
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 4 City Mill Apartments London as £599,702 and the rental value as £2,774 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 4 City Mill Apartments London has increased by £3,463 (0.6%) and its rental value has increased by £143 per month (5.1%).
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 4, City Mill Apartments, London is in very good condition we estimate a sale value of £629,687 and rental value of £2,913 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £557,723 and a rental value of £2,580 per month.
If you were able to purchase this property for the estimated value of £599,702, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,947 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 4, City Mill Apartments, London was last sold on 31 Oct 2014 for £520,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2014, the market for similar properties has risen 13.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, City Mill Apartments, London within a radius of 0m over the last 2 years.
The most recent example is Flat 60, City Mill Apartments, Lee Street, London, E8 4FB, a Leasehold flat which sold for £555,000 in May 2024.
Read more about house prices in E8.
Lee Street, London, E8 has a total of 135 addresses. According to our analysis of all the public data, Flat 4, City Mill Apartments, London is the 31st largest and the 24th most expensive property on the street.
When compared to the postcode district it is £39k less expensive than the average property in E8.
Flat 4, City Mill Apartments, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jan 2024.
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 4, City Mill Apartments, London is Haggerston 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 4, City Mill Apartments, London, 38.2% of property is privately owned with a mortgage and 24.5% 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 4, City Mill Apartments, London, 18.2% of residents are recorded as possessing school level qualifications and 58.6% 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 4, City Mill Apartments, London, the average age was 35.8 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 4, City Mill Apartments, 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 4, City Mill Apartments, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.