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By comparing it to neighbours, we estimate that it is a modern apartment with 293 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 50, The Point 8 is £179,612 and the estimated rental value is £892 per month.
The apartment is within The Point, Tower Mews, London, E17.
Tower Mews, London, E17 is located in the borough of Waltham Forest within the E17 postal district.
Flat 50, The Point 8 has a single entry in the Land Registry from March 2023 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 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 50, The Point 8 is in very good condition we estimate a sale value of £188,593 and a rental value of £937 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £167,039 and a rental value of £830 per month.
Over the last 12 months the sale value of Flat 50 The Point 8 has decreased by an estimated £664 (0.4%) and its rental value has increased by an estimated £40 per month (4.5%), giving an expected gross yield of 6%.
According to HM Land Registry, Flat 50, The Point 8 was last sold on 17th March 2023 for £106,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2023, the market for similar properties has dropped 6.6%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 260 metres radius of Flat 50, The Point 8 over the last 2 years.
The most recent example is Flat 32, The Point 5, Tower Mews, London, E17 7JU, a leasehold flat which sold for £110,250 on the 20th February 2024.
Read more about house prices in E17.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tower Mews, London, E17 has a total of 71 addresses. According to our analysis of all the public data, Flat 50, The Point 8 is the 70th largest and the 69th most expensive property on the street.
When compared to the postcode district it is £373k less expensive than the average property in E17.
The nearest school is Walthamstow School for Girls which is 400 metres away. The nearest train station is Walthamstow Central which is 0 metres away.
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