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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 16, Lion Mills is a period apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Lion Mills is £381,837 and the estimated rental value is £1,747 per month.
Lion Mills, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
16, Lion Mills has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 16, Lion Mills is in very good condition we estimate a sale value of £400,929 and a rental value of £1,834 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £355,109 and a rental value of £1,624 per month.
Over the last 12 months the sale value of 16 Lion Mills has decreased by an estimated £11,487 (3.0%) and its rental value has increased by an estimated £101 per month (5.8%), giving an expected gross yield of 5.5%.
16, Lion Mills has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Feb 2021.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 16, Lion Mills was last sold on 28th February 2001 for £102,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Lion Mills within a radius of 240 metres over the last 2 years.
The most recent example is 22, Lion Mills, London, E2 7ST, a leasehold flat which sold for £375,000 on the 5th July 2023.
Read more about house prices in E2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lion Mills, London, E2 has a total of 54 addresses. According to our analysis of all the public data, 16, Lion Mills is the 50th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £128k less expensive than the average property in E2.
The nearest school is Oaklands School which is 244 metres away. The nearest train station is Cambridge Heath which is 400 metres away.
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