According to the public record, Flat 8, Mohawk House 4, London is a mid-century leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Mohawk House, Gernon Road, London, E3.
Gernon Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 8, Mohawk House 4, London has 31 entries in the Land Registry database, most recently in July 2017 and a single entry in the EPC database dated September 2011.
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 8 Mohawk House 4 London as £359,327 and the rental value as £2,183 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of Flat 8 Mohawk House 4 London has decreased by £2,012 (0.6%) and its rental value has increased by £76 per month (3.5%).
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 8, Mohawk House 4, London is in very good condition we estimate a sale value of £377,294 and rental value of £2,292 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £334,174 and a rental value of £2,030 per month.
If you were able to purchase this property for the estimated value of £359,327, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,766 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 8, Mohawk House 4, London was last sold on 14 Jul 2017 for £449,950 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2017, the market for similar properties has dropped 5.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Mohawk House 4, London within a radius of 300 metres over the last 2 years.
The most recent example is Flat 24, Mohawk House 4, Gernon Road, London, E3 5DZ, a Leasehold flat which sold for £390,000 in Jun 2021.
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 1 let within a 300 metres radius of Flat 8, Mohawk House 4, London over the last 2 years.
Most recently 1A, Vivian Road, London, E3 5RE, a Leasehold flat let by Saint Andrews Bureau in Dec 2022.
Gernon Road, London, E3 has a total of 153 addresses. According to our analysis of all the public data, Flat 8, Mohawk House 4, London is the 103rd largest and the 122nd most expensive property on the street.
When compared to the postcode district it is £81k less expensive than the average property in E3.
Flat 8, Mohawk House 4, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 13 Sep 2011.
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 8, Mohawk House 4, London is Mile End station which is 600 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 8, Mohawk House 4, London, 61.1% of property is socially rented and 20.6% 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 8, Mohawk House 4, London, 28.9% of residents are recorded as possessing school level qualifications and 31.9% 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 8, Mohawk House 4, London, the average age was 34.8 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 8, Mohawk House 4, 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 8, Mohawk House 4, 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.