According to the public record, Flat 40, Vellum Court 2, London is a modern leasehold apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom 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 40, Vellum Court 2, London has a single entry in the Land Registry database from November 2011 and a single entry in the EPC database dated July 2020.
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 40 Vellum Court 2 London as £262,360 and the rental value as £1,259 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 40 Vellum Court 2 London has increased by £6,053 (2.3%) and its rental value has increased by £35 per month (2.8%).
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 40, Vellum Court 2, London is in very good condition we estimate a sale value of £275,478 and rental value of £1,322 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £243,995 and a rental value of £1,170 per month.
If you were able to purchase this property for the estimated value of £262,360, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,289 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 40, Vellum Court 2, London was last sold on 30 Nov 2011 for £127,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2011, the market for similar properties has risen 125.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 40, Vellum Court 2, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 14, Vellum Court 2, Hillyfield, London, E17 6EQ, a Leasehold flat which sold for £205,000 in Jun 2024.
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 40, Vellum Court 2, London is the 102nd largest and the 92nd most expensive property on the street.
When compared to the postcode district it is £293k less expensive than the average property in E17.
Flat 40, Vellum Court 2, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Jul 2020.
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 40, 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 40, 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 40, 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 40, 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 40, 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 40, 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.