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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 2, Mahindra Way is £163,760 and the estimated rental value is £1,087 per month.
The apartment is within 2, Mahindra Way, London, E6.
Mahindra Way, London, E6 is located in the borough of Newham within the E6 postal district.
Flat 2, 2, Mahindra Way has no records in the the Land Registry and a single entry in the EPC database dated October 2020.
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.
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 2, 2, Mahindra Way is in very good condition we estimate a sale value of £171,948 and a rental value of £1,141 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £152,297 and a rental value of £1,011 per month.
Over the last 12 months the sale value of Flat 2 2 Mahindra Way has decreased by an estimated £6,636 (4.1%) and its rental value has increased by an estimated £51 per month (4.7%), giving an expected gross yield of 8%.
Flat 2, 2, 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.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 2, 2, Mahindra Way within a radius of 470 metres over the last 2 years.
The most recent example is Flat 13, 2, Mahindra Way, London, E6 5AP, a leasehold flat which sold for £215,000 on the 1st March 2021.
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, Flat 2, 2, Mahindra Way is the 58th largest and the 362nd most expensive property on the street.
When compared to the postcode district it is £219k less expensive than the average property in E6.
The nearest school is Roman Road Primary School which is 292 metres away. The nearest train station is Beckton which is 1.1 kilometres away.
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