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According to the public record, Flat 40, Mallard Point 6 is a modern leasehold apartment with 581 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 40, Mallard Point 6 is £342,896 and the estimated rental value is £2,040 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 40, Mallard Point 6 has a single entry in the Land Registry from April 2015 and a single entry in the EPC database dated November 2024.
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 40, Mallard Point 6 is in very good condition we estimate a sale value of £360,041 and a rental value of £2,142 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £318,893 and a rental value of £1,897 per month.
Over the last 12 months the sale value of Flat 40 Mallard Point 6 has decreased by an estimated £11,063 (3.2%) and its rental value has increased by an estimated £90 per month (4.4%), giving an expected gross yield of 7.1%.
Flat 40, Mallard Point 6 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Nov 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, Flat 40, Mallard Point 6 was last sold on 20th April 2015 for £290,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2015, the market for similar properties has risen 6.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 40, 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 40, Mallard Point 6 is the 473rd largest and the 376th most expensive property on the street.
When compared to the postcode district it is £102k 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.
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