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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
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According to the public record, Flat 64, Mill Building 49 is a modern leasehold apartment with 624 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 64, Mill Building 49 is £456,926 and the estimated rental value is £2,393 per month.
The apartment is within Mill Building, Royal Crest Avenue, London, E16.
Royal Crest Avenue, London, E16 is located in the borough of Newham within the E16 postal district.
Flat 64, Mill Building 49 has a single entry in the Land Registry from August 2024 and a single entry in the EPC database dated November 2023.
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 64, Mill Building 49 is in very good condition we estimate a sale value of £479,773 and a rental value of £2,513 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £424,942 and a rental value of £2,225 per month.
Over the past 12 months, the estimated sale value of Flat 64, Mill Building 49 has moved down by £16,496 (3.6%), while its estimated rental value has increased by £111 per month (4.6%). Based on current estimates, the property offers a gross rental yield of 6.3%.
Flat 64, Mill Building 49 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Nov 2023.
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 64, Mill Building 49 was last sold on 6th August 2024 for £491,900 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2024, the market for similar properties has dropped by 25.8%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 64, Mill Building 49 within a radius of 200 metres over the last 2 years.
The most recent example is Flat 34, Mill Building 49, Royal Crest Avenue, London, E16 2ZZ, a leasehold flat which sold for £461,000 on the 2nd July 2024.
Read more about house prices in E16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Royal Crest Avenue, London, E16 has a total of 955 addresses. According to our analysis of all the public data, Flat 64, Mill Building 49 is the 610th largest and the 380th most expensive property on the street.
When compared to the postcode district it is £75k more expensive than the average property in E16.
The closest station to Flat 64, Mill Building 49 is West Silvertown station, which is 300 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 64, Mill Building 49, % of property is and % is .
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 64, Mill Building 49, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 64, Mill Building 49, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 64, Mill Building 49, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
