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According to the public record, Flat 20, 9, Mahindra Way is a modern leasehold apartment with 796 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 20, 9, Mahindra Way is £390,128 and the estimated rental value is £2,124 per month.
The apartment is within 9, Mahindra Way, London, E6.
Mahindra Way, London, E6 is located in the borough of Newham within the E6 postal district.
Flat 20, 9, Mahindra Way has a single entry in the Land Registry from April 2023 and a single entry in the EPC database dated November 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 20, 9, Mahindra Way is in very good condition we estimate a sale value of £409,635 and a rental value of £2,230 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £362,819 and a rental value of £1,975 per month.
Over the last 12 months the sale value of Flat 20 9 Mahindra Way has decreased by an estimated £9,853 (2.5%) and its rental value has increased by an estimated £74 per month (3.5%), giving an expected gross yield of 6.5%.
Flat 20, 9, Mahindra Way has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Nov 2022.
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 20, 9, Mahindra Way was last sold on 21st April 2023 for £381,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2023, the market for similar properties has dropped 9.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 20, 9, Mahindra Way within a radius of 490 metres over the last 2 years.
The most recent example is Flat 27, 9, Mahindra Way, London, E6 5AG, a leasehold flat which sold for £399,995 on the 24th March 2023.
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 20, 9, Mahindra Way is the 171st largest and the 104th most expensive property on the street.
When compared to the postcode district it is £2k less expensive than the average property in E6.
The nearest school is Roman Road Primary School which is 300 metres away. The nearest train station is Beckton which is 1.2 kilometres away.
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