According to the public record, Flat 4, Tanner Point, London is a mid-century leasehold apartment with 914 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Tanner Point, Pelly Road, London, E13.
Pelly Road, London, E13 is located in the borough of Newham within the E13 postal district.
Flat 4, Tanner Point, London has a single entry in the Land Registry database from March 2016 and a single entry in the EPC database dated September 2018.
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 Tanner Point London as £234,876 and the rental value as £1,363 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of Flat 4 Tanner Point London has increased by £3,313 (1.4%) and its rental value has increased by £40 per month (2.9%).
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, Tanner Point, London is in very good condition we estimate a sale value of £246,620 and rental value of £1,431 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £218,435 and a rental value of £1,268 per month.
If you were able to purchase this property for the estimated value of £234,876, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,154 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, Tanner Point, London was last sold on 03 Mar 2016 for £197,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2016, the market for similar properties has risen 14.5%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 4, Tanner 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 E13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pelly Road, London, E13 has a total of 161 addresses. According to our analysis of all the public data, Flat 4, Tanner Point, London is the 39th largest and the 92nd most expensive property on the street.
When compared to the postcode district it is £142k less expensive than the average property in E13.
Flat 4, Tanner Point, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Sep 2018.
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, Tanner 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, Tanner Point, London, 50.3% of property is socially rented and 27.2% 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, Tanner Point, London, 30.6% of residents are recorded as possessing school level qualifications and 33.9% 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, Tanner 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, Tanner Point, 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 4, Tanner Point, 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.