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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 35, Mill Building 49 to be a modern leasehold apartment with 548 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 35, Mill Building 49 has an estimated sale value of £419,848 and an estimated rental value of £2,226 per month, assuming reasonable condition and based on the information available.
The apartment sits within Mill Building, Royal Crest Avenue, London, E16.
Royal Crest Avenue, London, E16 lies in the borough of Newham, within the E16 postal district.
Flat 35, Mill Building 49 has a single entry in the Land Registry from February 2024 and a single entry in the EPC database dated November 2023.
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.
In very good condition, we estimate Flat 35, Mill Building 49 would be worth £440,840, with a potential rental value of £2,338 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £390,459, with a rental value of £2,071 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 35, Mill Building 49 has declined by £15,157 (3.6%) over the last year. During the same period, its estimated monthly rental value has climbed by £104 (4.6%). The property's estimated gross yield is currently 6.4%.
Flat 35, Mill Building 49 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Nov 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Flat 35, Mill Building 49 last changed hands on 2nd February 2024, selling for £405,600. 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 27.5% since February 2024.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 200 metres of Flat 35, Mill Building 49 across the last 2 years.
Most recently, Flat 53, Mill Building 49, Royal Crest Avenue, London, E16 2ZZ, a leasehold flat, sold at £419,525 on the 13th February 2024.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 35, Mill Building 49 as the 820th largest and the 455th most expensive of the 955 addresses on Royal Crest Avenue, London, E16.
Against the E16 postcode district average, it is £38k more expensive than the typical property.
West Silvertown station is the nearest stop to Flat 35, Mill Building 49 at 300 metres 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 35, Mill Building 49, % of property is and % is .
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 35, Mill Building 49, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 35, Mill Building 49, 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 35, Mill Building 49, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
