According to the public record, Flat 50, Settle Point, London is a mid-century leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Settle Point, London Road, London, E13.
London Road, London, E13 is located in the borough of Newham within the E13 postal district.
Flat 50, Settle Point, London has a single entry in the Land Registry database from June 2018 and a single entry in the EPC database dated October 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 50 Settle Point London as £213,551 and the rental value as £1,302 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of Flat 50 Settle Point London has increased by £5,815 (2.7%) and its rental value has increased by £57 per month (4.4%).
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 50, Settle Point, London is in very good condition we estimate a sale value of £224,229 and rental value of £1,367 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £198,602 and a rental value of £1,211 per month.
If you were able to purchase this property for the estimated value of £213,551, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,050 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 50, Settle Point, London was last sold on 28 Jun 2018 for £160,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2018, the market for similar properties has risen 5.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 50, Settle Point, London within a radius of 330 metres over the last 2 years.
The most recent example is 15, Maud Gardens, London, E13 0JS, a Leasehold flat which sold for £237,000 in Aug 2022.
Read more about house prices in E13.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
London Road, London, E13 has a total of 180 addresses. According to our analysis of all the public data, Flat 50, Settle Point, London is the 126th largest and the 151st most expensive property on the street.
When compared to the postcode district it is £163k less expensive than the average property in E13.
Flat 50, Settle Point, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Oct 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 50, Settle Point, London is Plaistow station which is 100 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 50, Settle Point, London, 66.7% of property is socially rented and 16.1% is privately owned with a mortgage.
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 50, Settle Point, London, 27.9% of residents are recorded as possessing school level qualifications and 44.7% 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 50, Settle Point, 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 50, Settle Point, London, 0.8% 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 50, Settle Point, 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.