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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 4, Mallard Point 6 is a modern leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 4, Mallard Point 6 is £334,534 and the estimated rental value is £1,992 per month.
The apartment is within Mallard Point, Rainhill Way, London, E3.
Rainhill Way, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 4, Mallard Point 6 has a single entry in the Land Registry from November 2015 and a single entry in the EPC database dated December 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 4, Mallard Point 6 is in very good condition we estimate a sale value of £351,260 and a rental value of £2,092 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £311,116 and a rental value of £1,853 per month.
Over the last 12 months the sale value of Flat 4 Mallard Point 6 has decreased by an estimated £10,793 (3.2%) and its rental value has increased by an estimated £87 per month (4.4%), giving an expected gross yield of 7.1%.
Flat 4, Mallard Point 6 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Dec 2014.
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 4, Mallard Point 6 was last sold on 30th November 2015 for £292,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2015, the market for similar properties has dropped 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Mallard Point 6 within a radius of 270 metres over the last 2 years.
The most recent example is Flat 24, Mallard Point 6, Rainhill Way, London, E3 3FQ, a leasehold flat which sold for £327,500 on the 21st October 2024.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rainhill Way, London, E3 has a total of 619 addresses. According to our analysis of all the public data, Flat 4, Mallard Point 6 is the 503rd largest and the 397th most expensive property on the street.
When compared to the postcode district it is £111k less expensive than the average property in E3.
The nearest school is St Agnes RC Primary School which is 100 metres away. The nearest train station is Bow Church which is 200 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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