Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
According to the public record, Flat 7, 9, Mahindra Way is a modern leasehold apartment with 968 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 7, 9, Mahindra Way is £434,528 and the estimated rental value is £2,262 per month.
The apartment is within 9, Mahindra Way, London, E6.
Mahindra Way, London, E6 is located in the borough of Newham within the E6 postal district.
Flat 7, 9, Mahindra Way has a single entry in the Land Registry from February 2023 and a single entry in the EPC database dated November 2022.
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 7, 9, Mahindra Way is in very good condition we estimate a sale value of £456,254 and a rental value of £2,375 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £404,111 and a rental value of £2,104 per month.
Over the last 12 months the sale value of Flat 7 9 Mahindra Way has decreased by an estimated £18,122 (4.2%) and its rental value has increased by an estimated £104 per month (4.6%), giving an expected gross yield of 6.2%.
Flat 7, 9, Mahindra Way has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Nov 2022.
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, 9, Mahindra Way was last sold on 24th February 2023 for £485,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2023, the market for similar properties has dropped 12.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, 9, Mahindra Way within a radius of 490 metres over the last 2 years.
The most recent example is Flat 13, 9, Mahindra Way, London, E6 5AG, a leasehold flat which sold for £495,000 on the 26th January 2023.
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, 9, Mahindra Way is the 38th largest and the 29th most expensive property on the street.
When compared to the postcode district it is £51k more expensive than the average property in E6.
The nearest school is Roman Road Primary School which is 255 metres away. The nearest train station is Beckton which is 1.2 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.
