According to the public record, Flat 4, Nicholls Point, London is a mid-century apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Nicholls Point, Park Grove, London, E15.
Park Grove, London, E15 is located in the borough of Newham within the E15 postal district.
Flat 4, Nicholls Point, London has no records in the Land Registry database and a single entry in the EPC database dated February 2022.
We combine this information with public data 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 Nicholls Point London as £196,378 and the rental value as £1,289 per month giving an expected gross yield of 7.9%.
Over the last 12 months the sale value of Flat 4 Nicholls Point London has increased by £7,062 (3.6%) and its rental value has increased by £65 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, Nicholls Point, London is in very good condition we estimate a sale value of £206,197 and rental value of £1,354 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £182,632 and a rental value of £1,199 per month.
If you were able to purchase this property for the estimated value of £196,378, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £965 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 the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 4, Nicholls Point, London within a radius of 350 metres over the last 2 years.
The most recent example is Flat 5, The Phoenix 33, Stratford Road, London, E13 0NF, a Leasehold flat which sold for £195,250 in Apr 2022.
Read more about house prices in E15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Grove, London, E15 has a total of 126 addresses. According to our analysis of all the public data, Flat 4, Nicholls Point, London is the 89th largest and the 95th most expensive property on the street.
When compared to the postcode district it is £243k less expensive than the average property in E15.
Flat 4, Nicholls Point, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Feb 2022.
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 4, Nicholls Point, London is Plaistow station which is 500 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 4, Nicholls Point, London, 62.5% of property is socially rented and 17.3% is privately 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, Nicholls Point, London, 25.2% of residents are recorded as possessing school level qualifications and 34.9% 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 4, Nicholls Point, London, the average age was 35.1 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 4, Nicholls Point, London, 1.1% 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, Nicholls Point, 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.