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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 53, Newmill House is a mid-century apartment with 602 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 53, Newmill House is £286,825 and the estimated rental value is £1,822 per month.
The apartment is within Newmill House, Devas Street, London, E3.
Devas Street, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 53, Newmill House has no records in the the Land Registry and a single entry in the EPC database dated September 2022.
We combine this information with public data of neighbouring properties to estimate the property 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 53, Newmill House is in very good condition we estimate a sale value of £301,166 and a rental value of £1,913 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £266,747 and a rental value of £1,695 per month.
Over the last 12 months the sale value of Flat 53 Newmill House has decreased by an estimated £7,871 (2.7%) and its rental value has increased by an estimated £87 per month (4.8%), giving an expected gross yield of 7.6%.
Flat 53, Newmill House has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Sep 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 53, Newmill House within a radius of 260 metres over the last 2 years.
The most recent example is Flat 49, Brimsdown House, Devas Street, London, E3 3LW, a leasehold flat which sold for £150,000 on the 15th November 2023.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Devas Street, London, E3 has a total of 235 addresses. According to our analysis of all the public data, Flat 53, Newmill House is the 140th largest and the 124th most expensive property on the street.
When compared to the postcode district it is £160k less expensive than the average property in E3.
The nearest school is Marner Primary School which is 99 metres away. The nearest train station is Bromley-by-Bow 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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