According to the public record, 101, Union Apartments 50, London is a period leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in Union Apartments, Arnold Road, London, E3.
Arnold Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
101, Union Apartments 50, London has a single entry in the Land Registry database from September 2007 and a single entry in the EPC database dated January 2022.
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 101 Union Apartments 50 London as £400,123 and the rental value as £2,186 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 101 Union Apartments 50 London has decreased by £1,712 (0.4%) and its rental value has increased by £82 per month (3.8%).
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 101, Union Apartments 50, London is in very good condition we estimate a sale value of £420,129 and rental value of £2,295 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £372,114 and a rental value of £2,033 per month.
If you were able to purchase this property for the estimated value of £400,123, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,966 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, 101, Union Apartments 50, London was last sold on 11 Sep 2007 for £282,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2007, the market for similar properties has risen 44.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 101, Union Apartments 50, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat 32, Wellington Buildings, Wellington Way, London, E3 4NA, a Leasehold flat which sold for £301,500 in Mar 2023.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Arnold Road, London, E3 has a total of 28 addresses. According to our analysis of all the public data, 101, Union Apartments 50, London is the 22nd largest and the 20th most expensive property on the street.
When compared to the postcode district it is £40k less expensive than the average property in E3.
101, Union Apartments 50, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Jan 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 101, Union Apartments 50, London is Bow Church station which is 200 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 101, Union Apartments 50, London, 42.0% of property is privately rented and 30.6% is socially 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 101, Union Apartments 50, London, 17.7% of residents are recorded as possessing school level qualifications and 53.9% 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 101, Union Apartments 50, London, the average age was 31 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 101, Union Apartments 50, London, 2.2% 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 101, Union Apartments 50, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.