According to the public record, Flat 65, The Sphere 1, London is a modern leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in The Sphere, Hallsville Road, London, E16.
Hallsville Road, London, E16 is located in the borough of Newham within the E16 postal district.
Flat 65, The Sphere 1, London has a single entry in the Land Registry database from July 2006 and a single entry in the EPC database dated October 2022.
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 65 The Sphere 1 London as £386,195 and the rental value as £2,242 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of Flat 65 The Sphere 1 London has decreased by £2,201 (0.6%) and its rental value has increased by £60 per month (2.7%).
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 65, The Sphere 1, London is in very good condition we estimate a sale value of £405,505 and rental value of £2,354 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £359,162 and a rental value of £2,085 per month.
If you were able to purchase this property for the estimated value of £386,195, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,898 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 65, The Sphere 1, London was last sold on 20 Jul 2006 for £249,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 65, The Sphere 1, London within a radius of 240 metres over the last 2 years.
The most recent example is 301, Jupiter House 2, Turner Street, London, E16 1FH, a Leasehold flat which sold for £435,000 in Nov 2023.
Read more about house prices in E16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hallsville Road, London, E16 has a total of 204 addresses. According to our analysis of all the public data, Flat 65, The Sphere 1, London is the 39th largest and the 60th most expensive property on the street.
When compared to the postcode district it is £2k less expensive than the average property in E16.
Flat 65, The Sphere 1, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Oct 2022.
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 65, The Sphere 1, London is Royal Victoria 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 65, The Sphere 1, London, 72.1% of property is privately rented and 14.4% 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 65, The Sphere 1, London, 16.3% of residents are recorded as possessing school level qualifications and 69.0% 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 65, The Sphere 1, London, the average age was 33.3 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 65, The Sphere 1, 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 65, The Sphere 1, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.