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According to the public record, Flat 63, Maitland House is a early-century leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 63, Maitland House is £349,759 and the estimated rental value is £2,102 per month.
The apartment is within Maitland House, Bishops Way, London, E2.
Bishops Way, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
Flat 63, Maitland House has 21 entries in the Land Registry , most recently in September 2010 and a single entry in the EPC database dated November 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 63, Maitland House is in very good condition we estimate a sale value of £367,247 and a rental value of £2,207 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £325,276 and a rental value of £1,955 per month.
Over the last 12 months the sale value of Flat 63 Maitland House has decreased by an estimated £10,541 (3.0%) and its rental value has increased by an estimated £104 per month (5.0%), giving an expected gross yield of 7.2%.
Flat 63, Maitland House has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Nov 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 63, Maitland House was last sold on 24th September 2010 for £223,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2010, the market for similar properties has risen 88.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 63, Maitland House within a radius of 330 metres over the last 2 years.
The most recent example is Flat 12, Maitland House, Bishops Way, London, E2 9HT, a leasehold flat which sold for £375,000 on the 25th November 2020.
Read more about house prices in E2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bishops Way, London, E2 has a total of 281 addresses. According to our analysis of all the public data, Flat 63, Maitland House is the 172nd largest and the 198th most expensive property on the street.
When compared to the postcode district it is £157k less expensive than the average property in E2.
The nearest school is Mowlem Primary School which is 100 metres away. The nearest train station is Cambridge Heath which is 300 metres away.
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