Flat 16, Lock Mill Apartments
Flat 16, Lock Mill Apartments
Description & Estimates
Flat 16, Lock Mill Apartments is described in the public record as a modern apartment with 1,033 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 16, Lock Mill Apartments is £522,191 and its rental estimate is £3,107 per month, given the available information and assuming reasonable condition.
Lock Mill Apartments, Whiston Road is a residential building on Whiston Road, London, E2 and falls within the E2 postal district and the London Borough of Hackney.
Our Data Sources
Flat 16, Lock Mill Apartments has no records in the the Land Registry and a single entry in the EPC database dated May 2016.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 16, Lock Mill Apartments, we estimate a market value of £548,301 and a rental value of £3,263 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £485,638 and £2,890 per month respectively.
Recent Market Change
Over the last year, Flat 16, Lock Mill Apartments has seen its estimated sale value drop by £15,674 (3.0%) and its estimated rental value rise by £155 per month (5.0%). This results in an estimated gross rental yield of 7.1%.
Energy Efficiency
Flat 16, Lock Mill Apartments has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 May 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 16, Lock Mill Apartments have sold within a radius of 280 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th May 2024, was Flat 9, Lock Mill Apartments, Whiston Road, London, E2 8GF, a leasehold flat which sold for £720,000.
Read more about house prices in E2.
- Sold May 2024£720,000 | 3 Bed FlatLock Mill Apartments, Whiston RoadFlat 9, Lock Mill Apartments, Whiston Road, London, E2 8GF
- Sold Jan 2024£555,000 | 3 Bed FlatTimber Wharf 240, Kingsland Road1, Timber Wharf 240, Kingsland Road, London, E2 8AT
- Sold Nov 2023£570,950 | 3 Bed FlatTimber Wharf 240, Kingsland Road21, Timber Wharf 240, Kingsland Road, London, E2 8AT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 698 addresses on Whiston Road, London, E2, Flat 16, Lock Mill Apartments comes out as the 35th largest and the 176th most expensive in our analysis of the public data.
It is also £15k more expensive than the average property across the E2 district.
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Schools Nearby
- 400mHoxton Garden Primary
- 600mQueensbridge Primary School
- 600mSebright School
- 200mThe Bridge Academy
- 300mHaggerston School
- 500mWaterside Academy
More reading links
Public Transport Nearby
From Flat 16, Lock Mill Apartments, the nearest station is Hoxton, 300 metres away.
- 300mHoxton
- 400mHaggerston
- 1.1kmDalston Junction
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
