According to the public record, 1, Locksons Close, London is a modern leasehold apartment with 818 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Locksons Close, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
1, Locksons Close, London has 21 entries in the Land Registry database, most recently in August 2016 and a single entry in the EPC database dated May 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Locksons Close London as £416,921 and the rental value as £2,185 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 1 Locksons Close London has increased by £1,740 (0.4%) and its rental value has increased by £67 per month (3.1%).
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 1, Locksons Close, London is in very good condition we estimate a sale value of £437,767 and rental value of £2,294 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £387,737 and a rental value of £2,032 per month.
If you were able to purchase this property for the estimated value of £416,921, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,049 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1, Locksons Close, London was last sold on 31 Aug 2016 for £410,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2016, the market for similar properties has dropped 6.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Locksons Close, London within a radius of 240 metres over the last 2 years.
The most recent example is Flat 5, Newton Court 1, Axio Way, London, E3 4QW, a Leasehold flat which sold for £442,000 in Sep 2023.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Locksons Close, London, E14 has a total of 65 addresses. According to our analysis of all the public data, 1, Locksons Close, London is the 8th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £68k less expensive than the average property in E14.
1, Locksons Close, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 May 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 1, Locksons Close, London is Langdon Park station which is 400 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 1, Locksons Close, London, 72.9% of property is socially rented and 16.3% is privately rented.
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 1, Locksons Close, London, 25.8% of residents are recorded as possessing school level qualifications and 30.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Locksons Close, London, the average age was 31.4 and the most common age was 27.
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 1, Locksons Close, London, 0.6% 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 1, Locksons Close, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.