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According to the public record, 2 Flacks Mews, Epping is a modern leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Flacks Mews, Epping is £255,116 and the estimated rental value is £1,339 per month.
The apartment is within Flacks Mews, Station Road, Epping, CM16.
Station Road, Epping, CM16 is located in the borough of Epping Forest within the CM16 postal district.
2 Flacks Mews, Epping has a single entry in the Land Registry from November 2009 and a single entry in the EPC database dated February 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 2 Flacks Mews, Epping is in very good condition we estimate a sale value of £267,871 and a rental value of £1,406 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £237,257 and a rental value of £1,245 per month.
Over the last 12 months the sale value of 2 Flacks Mews Epping has increased by an estimated £3,099 (1.2%) and its rental value has increased by an estimated £49 per month (3.7%), giving an expected gross yield of 6.3%.
2 Flacks Mews, Epping has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Feb 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 2 Flacks Mews, Epping was last sold on 23rd November 2009 for £140,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2009, the market for similar properties has risen 41.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Flacks Mews, Epping within a radius of 510 metres over the last 2 years.
The most recent example is 168, Woodland Grove, Epping, CM16 4NG, a leasehold flat which sold for £278,500 on the 2nd December 2022.
Read more about house prices in CM16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Station Road, Epping, CM16 has a total of 76 addresses. According to our analysis of all the public data, 2 Flacks Mews, Epping is the 75th largest and the 76th most expensive property on the street.
When compared to the postcode district it is £372k less expensive than the average property in CM16.
The closest station to 2 Flacks Mews, Epping is Epping station which is 500 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 2 Flacks Mews, Epping, 42.4% of property is privately rented and 31.0% is privately owned outright.
The graph below shows how this compares to East of England 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 2 Flacks Mews, Epping, 12.3% of residents are recorded as possessing school level qualifications and 48.7% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2 Flacks Mews, Epping, the average age was 42.7 and the most common age was 42.
The graph below shows how this compares to East of England 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 2 Flacks Mews, Epping, 2.0% of property was a second home.
Comparison figures for East of England 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 2 Flacks Mews, Epping, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.