According to the public record, Flat 7, London Mill Apartments, London is a modern leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in London Mill Apartments, Whiston Road, London, E2.
Whiston Road, London, E2 is located in the borough of Hackney within the E2 postal district.
Flat 7, London Mill Apartments, London has a single entry in the Land Registry database from July 2020 and a single entry in the EPC database dated February 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 7 London Mill Apartments London as £657,026 and the rental value as £2,857 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 7 London Mill Apartments London has increased by £472 (0.1%) and its rental value has increased by £130 per month (4.6%).
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 7, London Mill Apartments, London is in very good condition we estimate a sale value of £689,878 and rental value of £3,000 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £611,034 and a rental value of £2,657 per month.
If you were able to purchase this property for the estimated value of £657,026, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,229 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 7, London Mill Apartments, London was last sold on 24 Jul 2020 for £138,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2020, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, London Mill Apartments, London within a radius of 270 metres over the last 2 years.
The most recent example is 89, Laburnum Street, London, E2 8BD, a Leasehold flat which sold for £705,000 in Aug 2023.
Read more about house prices in E2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Whiston Road, London, E2 has a total of 729 addresses. According to our analysis of all the public data, Flat 7, London Mill Apartments, London is the 235th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £145k more expensive than the average property in E2.
Flat 7, London Mill Apartments, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Feb 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 7, London Mill Apartments, London is Hoxton station which is 400 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 7, London Mill Apartments, London, 37.4% of property is socially rented and 27.4% is shared ownership.
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 7, London Mill Apartments, London, 18.1% of residents are recorded as possessing school level qualifications and 65.8% 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 7, London Mill Apartments, London, the average age was 34.5 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 7, London Mill Apartments, 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 7, London Mill Apartments, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.