According to the public record, Flat 4, Vellum Court 2, London is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Vellum Court, Hillyfield, London, E17.
Hillyfield, London, E17 is located in the borough of Waltham Forest within the E17 postal district.
Flat 4, Vellum Court 2, London has a single entry in the Land Registry database from October 2011 and a single entry in the EPC database dated 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 Vellum Court 2 London as £351,257 and the rental value as £1,722 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 4 Vellum Court 2 London has increased by £7,028 (2.0%) and its rental value has increased by £44 per month (2.5%).
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, Vellum Court 2, London is in very good condition we estimate a sale value of £368,820 and rental value of £1,808 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £326,669 and a rental value of £1,601 per month.
If you were able to purchase this property for the estimated value of £351,257, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,726 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, Vellum Court 2, London was last sold on 07 Oct 2011 for £161,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2011, the market for similar properties has risen 124.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Vellum Court 2, London within a radius of 310 metres over the last 2 years.
The most recent example is 11, Taylor House 22C, Sutherland Road, London, E17 6SS, a Leasehold flat which sold for £345,000 in Sep 2023.
Read more about house prices in E17.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hillyfield, London, E17 has a total of 128 addresses. According to our analysis of all the public data, Flat 4, Vellum Court 2, London is the 41st largest and the 41st most expensive property on the street.
When compared to the postcode district it is £204k less expensive than the average property in E17.
Flat 4, Vellum Court 2, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jan 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 4, Vellum Court 2, London is Blackhorse Road 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 4, Vellum Court 2, London, 34.0% of property is privately rented and 24.1% 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, Vellum Court 2, London, 28.5% of residents are recorded as possessing school level qualifications and 52.6% 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, Vellum Court 2, London, the average age was 33.9 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, Vellum Court 2, London, 0.3% 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, Vellum Court 2, 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.