According to the public record, Flat 9, Robart House 1, London is a early-century leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in Robart House, Lemna Road, London, E11.
Lemna Road, London, E11 is located in the borough of Waltham Forest within the E11 postal district.
Flat 9, Robart House 1, London has a single entry in the Land Registry database from August 2021 and a single entry in the EPC database dated July 2020.
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 Robart House 1 London as £372,533 and the rental value as £1,607 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 9 Robart House 1 London has increased by £13,810 (3.7%) and its rental value has increased by £80 per month (5.0%).
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, Robart House 1, London is in very good condition we estimate a sale value of £391,159 and rental value of £1,688 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £346,455 and a rental value of £1,495 per month.
If you were able to purchase this property for the estimated value of £372,533, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,831 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, Robart House 1, London was last sold on 05 Aug 2021 for £315,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2021, the market for similar properties has risen 7.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, Robart House 1, London within a radius of 410 metres over the last 2 years.
The most recent example is Flat 7, Robart House 1, Lemna Road, London, E11 1FF, a Leasehold flat which sold for £305,000 in Sep 2021.
Read more about house prices in E11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lemna Road, London, E11 has a total of 87 addresses. According to our analysis of all the public data, Flat 9, Robart House 1, London is the 49th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £243k less expensive than the average property in E11.
Flat 9, Robart House 1, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Jul 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The closest station to Flat 9, Robart House 1, London is Leytonstone 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, Robart House 1, London, 64.3% of property is privately rented and 19.6% 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 9, Robart House 1, London, 15.4% of residents are recorded as possessing school level qualifications and 52.7% 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, Robart House 1, London, the average age was 35.6 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, Robart House 1, London, 2.8% 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, Robart House 1, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.