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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 7, 2, Mahindra Way is a modern leasehold apartment with 957 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 7, 2, Mahindra Way is £165,500 and the estimated rental value is £1,097 per month.
The apartment is within 2, Mahindra Way, London, E6.
Mahindra Way, London, E6 is located in the borough of Newham within the E6 postal district.
Flat 7, 2, Mahindra Way has a single entry in the Land Registry from January 2021 and a single entry in the EPC database dated October 2020.
We combine this information with that 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 7, 2, Mahindra Way is in very good condition we estimate a sale value of £173,775 and a rental value of £1,152 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £153,915 and a rental value of £1,020 per month.
Over the last 12 months the sale value of Flat 7 2 Mahindra Way has decreased by an estimated £6,707 (4.1%) and its rental value has increased by an estimated £51 per month (4.7%), giving an expected gross yield of 8%.
Flat 7, 2, Mahindra Way has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Oct 2020.
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 7, 2, Mahindra Way was last sold on 22nd January 2021 for £148,750 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2021, the market for similar properties has dropped 16.1%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 7, 2, Mahindra Way within a radius of 470 metres over the last 2 years.
The most recent example is Flat 13, 2, Mahindra Way, London, E6 5AP, a leasehold flat which sold for £215,000 on the 1st March 2021.
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 7, 2, Mahindra Way is the 46th largest and the 358th most expensive property on the street.
When compared to the postcode district it is £218k less expensive than the average property in E6.
The nearest school is Roman Road Primary School which is 292 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.
