According to the public record, Flat 45, 23, Mile End Road, London is a modern leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 23, Mile End Road, London, E1.
Mile End Road, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 45, 23, Mile End Road, London has 41 entries in the Land Registry database, most recently in March 2018 and a single entry in the EPC database dated July 2017.
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 45 23 Mile End Road London as £513,515 and the rental value as £2,836 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 45 23 Mile End Road London has decreased by £6,418 (1.2%) and its rental value has increased by £101 per month (3.6%).
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 45, 23, Mile End Road, London is in very good condition we estimate a sale value of £539,191 and rental value of £2,978 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £477,569 and a rental value of £2,638 per month.
If you were able to purchase this property for the estimated value of £513,515, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,524 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 45, 23, Mile End Road, London was last sold on 02 Mar 2018 for £530,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Mar 2018, the market for similar properties has dropped 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 45, 23, Mile End Road, London within a radius of 260 metres over the last 2 years.
The most recent example is Flat 12-12, Kempton Court 2, Durward Street, London, E1 5BD, a Leasehold flat which sold for £525,000 in Jul 2023.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mile End Road, London, E1 has a total of 1238 addresses. According to our analysis of all the public data, Flat 45, 23, Mile End Road, London is the 326th largest and the 91st most expensive property on the street.
When compared to the postcode district it is £8k less expensive than the average property in E1.
Flat 45, 23, Mile End Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jul 2017.
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 45, 23, Mile End Road, London is Whitechapel station which is 300 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 45, 23, Mile End Road, London, 61.2% of property is privately rented and 18.9% 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 45, 23, Mile End Road, London, 24.0% of residents are recorded as possessing school level qualifications and 55.7% 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 45, 23, Mile End Road, London, the average age was 32.1 and the most common age was 27.
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 45, 23, Mile End Road, London, 0.9% 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 45, 23, Mile End Road, 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.