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According to the public record, 7, Lion Mills is a mid-century apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Lion Mills is £433,460 and the estimated rental value is £1,975 per month.
Lion Mills, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
7, Lion Mills has no recent1 records in the the Land Registry and a single entry in the EPC database dated December 2018.
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 7, Lion Mills is in very good condition we estimate a sale value of £455,134 and a rental value of £2,074 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £403,118 and a rental value of £1,837 per month.
Over the last 12 months the sale value of 7 Lion Mills has decreased by an estimated £10,432 (2.4%) and its rental value has increased by an estimated £130 per month (6.6%), giving an expected gross yield of 5.5%.
7, Lion Mills has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Dec 2018.
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, 7, Lion Mills was last sold on 10th May 2004 for £180,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Lion Mills within a radius of 240 metres over the last 2 years.
The most recent example is 4, Lion Mills, London, E2 7ST, a leasehold flat which sold for £455,000 on the 28th November 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, 7, Lion Mills is the 32nd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £76k 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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