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According to the public record, Flat 101, Ignis Building 115 is a modern leasehold apartment with 1,205 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 101, Ignis Building 115 is £674,280 and the estimated rental value is £3,936 per month.
The apartment is within Ignis Building, Monier Road, London, E3.
Monier Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 101, Ignis Building 115 has a single entry in the Land Registry from March 2019 and a single entry in the EPC database dated May 2018.
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 Flat 101, Ignis Building 115 is in very good condition we estimate a sale value of £707,994 and a rental value of £4,133 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £627,081 and a rental value of £3,660 per month.
Over the last 12 months the sale value of Flat 101 Ignis Building 115 has decreased by an estimated £16,242 (2.4%) and its rental value has increased by an estimated £193 per month (4.9%), giving an expected gross yield of 7%.
Flat 101, Ignis Building 115 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 May 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, Flat 101, Ignis Building 115 was last sold on 15th March 2019 for £600,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2019, the market for similar properties has dropped 25.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 101, Ignis Building 115 within a radius of 340 metres over the last 2 years.
The most recent example is Flat 605, Ardens Building 7, Wyke Road, London, E3 2ZQ, a leasehold flat which sold for £850,000 on the 1st August 2024.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Monier Road, London, E3 has a total of 80 addresses. According to our analysis of all the public data, Flat 101, Ignis Building 115 is the 4th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £227k more expensive than the average property in E3.
The nearest school is Mossbourne Riverside Academy which is 594 metres away. The nearest train station is Hackney Wick which is 400 metres away.
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