According to the public record, Flat 9, Lock Mill Apartments, London is a modern leasehold apartment with 1,033 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Lock Mill Apartments, Whiston Road, London, E2.
Whiston Road, London, E2 is located in the borough of Hackney within the E2 postal district.
Flat 9, Lock Mill Apartments, London has a single entry in the Land Registry database from May 2024 and a single entry in the EPC database dated May 2016.
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 9 Lock Mill Apartments London as £315,434 and the rental value as £1,736 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 9 Lock Mill Apartments London has decreased by £230 (0.1%) and its rental value has increased by £72 per month (4.1%).
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 9, Lock Mill Apartments, London is in very good condition we estimate a sale value of £331,205 and rental value of £1,823 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £293,353 and a rental value of £1,615 per month.
If you were able to purchase this property for the estimated value of £315,434, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,550 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 9, Lock Mill Apartments, London was last sold on 24 May 2024 for £720,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2024, the market for similar properties has dropped 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 270 metres radius of Flat 9, Lock Mill Apartments, London over the last 2 years.
The most recent example is Flat 11, Lock Mill Apartments, Whiston Road, London, E2 8GF, a Leasehold flat which sold for £231,000 in Jun 2024.
Read more about house prices in E2.
Our network of Estate Agents report 1 let within a 270 metres radius of Flat 9, Lock Mill Apartments, London over the last 2 years.
Most recently Flat 7, 138, Kingsland Road, London, E2 8DY, a flat let by London Property Management in Jul 2021.
Whiston Road, London, E2 has a total of 729 addresses. According to our analysis of all the public data, Flat 9, Lock Mill Apartments, London is the 37th largest and the 675th most expensive property on the street.
When compared to the postcode district it is £196k less expensive than the average property in E2.
Flat 9, Lock Mill Apartments, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 May 2016.
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 9, Lock Mill Apartments, London is Hoxton station which is 300 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 9, Lock Mill Apartments, London, 55.0% of property is socially rented and 24.8% 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 9, Lock Mill Apartments, London, 18.7% of residents are recorded as possessing school level qualifications and 59.5% 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 9, Lock 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 9, Lock Mill Apartments, London, 0.2% 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 9, Lock Mill Apartments, 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.