According to the public record, Flat 6, Ashvale Court 2, London is a modern leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Ashvale Court, Matilda Gardens, London, E3.
Matilda Gardens, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 6, Ashvale Court 2, London has 5 entries in the Land Registry database, most recently in September 2023 and a single entry in the EPC database dated February 2023.
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 6 Ashvale Court 2 London as £356,067 and the rental value as £1,982 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 6 Ashvale Court 2 London has decreased by £7,095 (2.0%) and its rental value has increased by £42 per month (2.1%).
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 6, Ashvale Court 2, London is in very good condition we estimate a sale value of £373,870 and rental value of £2,081 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £331,142 and a rental value of £1,843 per month.
If you were able to purchase this property for the estimated value of £356,067, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,750 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 6, Ashvale Court 2, London was last sold on 14 Sep 2023 for £340,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Sep 2023, the market for similar properties has dropped 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Ashvale Court 2, London within a radius of 250 metres over the last 2 years.
The most recent example is Flat 22, Bevan Court 246, Tredegar Road, London, E3 2GP, a Leasehold flat which sold for £340,000 in Dec 2023.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets within a 250 metres radius of Flat 6, Ashvale Court 2, London over the last 2 years.
Most recently Flat 2, 31, Douro Street, London, E3 2TS, a Leasehold flat let by London Property Management in Aug 2021.
Matilda Gardens, London, E3 has a total of 52 addresses. According to our analysis of all the public data, Flat 6, Ashvale Court 2, London is the 35th largest and the 35th most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in E3.
Flat 6, Ashvale Court 2, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Feb 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 6, Ashvale Court 2, London is Bow Road station which is 500 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 6, Ashvale Court 2, London, 63.2% of property is privately rented and 15.8% 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 6, Ashvale Court 2, London, 15.4% of residents are recorded as possessing school level qualifications and 69.6% 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 6, Ashvale Court 2, London, the average age was 32.7 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 6, Ashvale Court 2, London, 0.5% 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 6, Ashvale Court 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.