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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, 33, Mahindra Way is a modern leasehold apartment with 1,097 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 33, Mahindra Way is £455,357 and the estimated rental value is £2,371 per month.
Mahindra Way, London, E6 is located in the borough of Newham within the E6 postal district.
33, Mahindra Way has a single entry in the Land Registry from February 2022 and a single entry in the EPC database dated November 2021.
We combine this information with that 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 33, Mahindra Way is in very good condition we estimate a sale value of £478,125 and a rental value of £2,489 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £423,482 and a rental value of £2,205 per month.
Over the last 12 months the sale value of 33 Mahindra Way has decreased by an estimated £18,453 (4.1%) and its rental value has increased by an estimated £111 per month (4.7%), giving an expected gross yield of 6.2%.
33, Mahindra Way has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Nov 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, 33, Mahindra Way was last sold on 4th February 2022 for £490,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2022, the market for similar properties has dropped 17.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 33, Mahindra Way within a radius of 470 metres over the last 2 years.
The most recent example is Flat 8, 27, Mahindra Way, London, E6 5AN, a leasehold flat which sold for £478,000 on the 20th July 2022.
Read more about house prices in E6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mahindra Way, London, E6 has a total of 372 addresses. According to our analysis of all the public data, 33, Mahindra Way is the 24th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £72k more expensive than the average property in E6.
The nearest school is Roman Road Primary School which is 305 metres away. The nearest train station is Beckton which is 1.1 kilometres away.
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