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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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Public records show Flat 16, 10, Mahindra Way to be a modern leasehold apartment with 742 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a balcony.
Flat 16, 10, Mahindra Way has an estimated sale value of £346,096 and an estimated rental value of £1,947 per month, assuming reasonable condition and based on the information available.
The apartment sits within 10, Mahindra Way, London, E6.
Mahindra Way, London, E6 lies in the borough of Newham, within the E6 postal district.
Flat 16, 10, Mahindra Way has a single entry in the Land Registry from November 2020 and a single entry in the EPC database dated October 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
In very good condition, we estimate Flat 16, 10, Mahindra Way would be worth £363,401, with a potential rental value of £2,045 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £321,870, with a rental value of £1,811 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 16, 10, Mahindra Way has decreased by £8,741 (2.5%) over the last year. During the same period, its estimated monthly rental value has grown by £67 (3.5%). The property's estimated gross yield is currently 6.8%.
Flat 16, 10, Mahindra Way has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Oct 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Flat 16, 10, Mahindra Way last changed hands on 26th November 2020, selling for £323,500. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 5.5% since November 2020.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 480 metres of Flat 16, 10, Mahindra Way across the last 2 years.
Most recently, Flat 12, 24, Mahindra Way, London, E6 5AR, a leasehold flat, sold at £385,000 on the 6th November 2023.
Read more about house prices in E6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 16, 10, Mahindra Way as the 235th largest and the 196th most expensive of the 372 addresses on Mahindra Way, London, E6.
Against the E6 postcode district average, it is £46k less expensive than the typical property.
Beckton station is the nearest stop to Flat 16, 10, Mahindra Way at 1.1 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 16, 10, Mahindra Way, 32.4% of property is privately owned with a mortgage and 30.4% is socially rented.
The graph below shows how this compares to Greater London 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 Flat 16, 10, Mahindra Way, 16.0% of residents are recorded as possessing school level qualifications and 48.6% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 16, 10, Mahindra Way, the average age was 34.6 and the most common age was 32.
The graph below shows how this compares to Greater London 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 Flat 16, 10, Mahindra Way, 0.4% of property was a second home.
Comparison figures for Greater London 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 Flat 16, 10, Mahindra Way, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
