According to the public record, Flat 78, Mallard Point 6, London is a modern leasehold apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Mallard Point, Rainhill Way, London, E3.
Rainhill Way, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 78, Mallard Point 6, London has 2 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated December 2014.
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 78 Mallard Point 6 London as £391,952 and the rental value as £2,325 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of Flat 78 Mallard Point 6 London has decreased by £6,335 (1.6%) and its rental value has increased by £59 per month (2.5%).
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 78, Mallard Point 6, London is in very good condition we estimate a sale value of £411,550 and rental value of £2,441 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £364,516 and a rental value of £2,162 per month.
If you were able to purchase this property for the estimated value of £391,952, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,926 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 78, Mallard Point 6, London was last sold on 11 Dec 2020 for £484,750 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2020, the market for similar properties has dropped 3.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 78, Mallard Point 6, London within a radius of 280 metres over the last 2 years.
The most recent example is Flat 58, Mallard Point 6, Rainhill Way, London, E3 3FQ, a Leasehold flat which sold for £415,000 in Jan 2024.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rainhill Way, London, E3 has a total of 609 addresses. According to our analysis of all the public data, Flat 78, Mallard Point 6, London is the 212th largest and the 150th most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in E3.
Flat 78, Mallard Point 6, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Dec 2014.
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 78, Mallard Point 6, London is Bow Church station which is 200 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 78, Mallard Point 6, London, 31.3% of property is socially rented and 29.9% is privately 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 78, Mallard Point 6, London, 20.6% of residents are recorded as possessing school level qualifications and 58.9% 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 78, Mallard Point 6, London, the average age was 31.1 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 78, Mallard Point 6, London, 0.4% 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 78, Mallard Point 6, 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.