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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
According to the public record, Flat 2, 229, Mile End Road is a mid-century apartment with 409 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 Flat 2, 229, Mile End Road is £188,326 and the estimated rental value is £1,156 per month.
The apartment is within 229, Mile End Road, London, E1.
Mile End Road, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 2, 229, Mile End Road has no records in the the Land Registry and a single entry in the EPC database dated January 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, 229, Mile End Road is in very good condition we estimate a sale value of £197,742 and a rental value of £1,214 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £175,143 and a rental value of £1,075 per month.
Over the last 12 months the sale value of Flat 2 229 Mile End Road has decreased by an estimated £4,916 (2.6%) and its rental value has increased by an estimated £79 per month (6.8%), giving an expected gross yield of 7.4%.
Flat 2, 229, Mile End Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jan 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 229, Mile End Road within a radius of 310 metres over the last 2 years.
The most recent example is Flat 3, 229, Mile End Road, London, E1 4AA, a leasehold flat which sold for £155,000 on the 14th April 2014.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mile End Road, London, E1 has a total of 1249 addresses. According to our analysis of all the public data, Flat 2, 229, Mile End Road is the 1186th largest and the 1245th most expensive property on the street.
When compared to the postcode district it is £324k less expensive than the average property in E1.
The closest station to Flat 2, 229, Mile End Road is Stepney Green station which is 100 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 229, Mile End Road, 44.6% of property is socially rented and 40.5% is privately 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 2, 229, Mile End Road, 21.5% of residents are recorded as possessing school level qualifications and 41.8% 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 2, 229, Mile End Road, the average age was 29.4 and the most common age was 17.
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 2, 229, Mile End Road, 0.0% 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 2, 229, Mile End Road, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
