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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Flat 41, 31, Mahindra Way is a modern leasehold apartment with 1,184 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 41, 31, Mahindra Way is £475,001 and the estimated rental value is £2,525 per month.
The apartment is within 31, Mahindra Way, London, E6.
Mahindra Way, London, E6 is located in the borough of Newham within the E6 postal district.
Flat 41, 31, Mahindra Way has a single entry in the Land Registry from April 2022 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 41, 31, Mahindra Way is in very good condition we estimate a sale value of £498,751 and a rental value of £2,651 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £441,751 and a rental value of £2,348 per month.
Over the last 12 months the sale value of Flat 41 31 Mahindra Way has decreased by an estimated £11,997 (2.5%) and its rental value has increased by an estimated £88 per month (3.5%), giving an expected gross yield of 6.4%.
Flat 41, 31, Mahindra Way has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Feb 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 41, 31, Mahindra Way was last sold on 7th April 2022 for £525,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2022, the market for similar properties has dropped 8.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 41, 31, Mahindra Way within a radius of 470 metres over the last 2 years.
The most recent example is 33, Mahindra Way, London, E6 5AD, a leasehold flat which sold for £490,000 on the 4th February 2022.
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 41, 31, Mahindra Way is the 16th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £83k more expensive than the average property in E6.
The nearest school is Ellen Wilkinson Primary School which is 300 metres away. The nearest train station is Beckton which is 1.1 kilometres 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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