According to the public record, Flat 41, Rayner Towers 2, London is a mid-century leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Rayner Towers, Albany Road, London, E10.
Albany Road, London, E10 is located in the borough of Waltham Forest within the E10 postal district.
Flat 41, Rayner Towers 2, London has a single entry in the Land Registry database from May 2007 and a single entry in the EPC database dated August 2013.
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 41 Rayner Towers 2 London as £238,539 and the rental value as £1,200 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 41 Rayner Towers 2 London has increased by £8,512 (3.6%) and its rental value has increased by £49 per month (4.1%).
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 41, Rayner Towers 2, London is in very good condition we estimate a sale value of £250,466 and rental value of £1,260 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £221,842 and a rental value of £1,116 per month.
If you were able to purchase this property for the estimated value of £238,539, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,172 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 41, Rayner Towers 2, London was last sold on 03 May 2007 for £135,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2007, the market for similar properties has risen 89.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 41, Rayner Towers 2, London within a radius of 320 metres over the last 2 years.
The most recent example is Flat 10, Rayner Towers 2, Albany Road, London, E10 7EJ, a Leasehold flat which sold for £126,320 in Nov 2011.
Read more about house prices in E10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albany Road, London, E10 has a total of 150 addresses. According to our analysis of all the public data, Flat 41, Rayner Towers 2, London is the 7th largest and the 91st most expensive property on the street.
When compared to the postcode district it is £273k less expensive than the average property in E10.
Flat 41, Rayner Towers 2, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Aug 2013.
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 41, Rayner Towers 2, London is Leyton Midland Road station which is 900 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 41, Rayner Towers 2, London, 66.2% of property is socially rented and 25.5% 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 41, Rayner Towers 2, London, 23.9% of residents are recorded as possessing school level qualifications and 30.7% 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 41, Rayner Towers 2, London, the average age was 34.7 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 41, Rayner Towers 2, 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 41, Rayner Towers 2, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.