According to the public record, 121, City Island Way, London is a modern leasehold house with 2,712 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
City Island Way, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
121, City Island Way, London has a single entry in the Land Registry database from April 2022 and a single entry in the EPC database dated October 2021.
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 good condition, we estimate the current sale value for 121 City Island Way London as £1,499,914 and the rental value as £6,889 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 121 City Island Way London has increased by £9,224 (0.6%) and its rental value has increased by £195 per month (2.8%).
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 121, City Island Way, London is in very good condition we estimate a sale value of £1,574,910 and rental value of £7,233 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,394,920 and a rental value of £6,407 per month.
If you were able to purchase this property for the estimated value of £1,499,914, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £7,372 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, 121, City Island Way, London was last sold on 13 Apr 2022 for £1,450,000 and was recorded as a leasehold house.
The property has only had this single sale since 1995.
Since Apr 2022, the market for similar properties has dropped 2.2%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 121, City Island Way, London within a radius of 230 metres over the last 2 years.
The most recent example is 115, City Island Way, London, E14 0TS, a Leasehold house which sold for £1,423,750 in Mar 2022.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 230 metres radius of 121, City Island Way, London over the last 2 years.
Most recently Flat 809, Grantham House 46, Botanic Square, London, E14 0LW, a Leasehold flat let by London Property Management in Mar 2022.
City Island Way, London, E14 has a total of 601 addresses. According to our analysis of all the public data, 121, City Island Way, London is the largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £1.015m more expensive than the average property in E14.
121, City Island Way, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Oct 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 121, City Island Way, London is East India 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 121, City Island Way, London, 73.0% of property is privately rented and 21.0% is privately owned with a mortgage.
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 121, City Island Way, London, 14.4% of residents are recorded as possessing school level qualifications and 73.7% 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 121, City Island Way, London, the average age was 37.5 and the most common age was 32.
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 121, City Island Way, London, 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 121, City Island Way, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.