According to the public record, 131, Langbourne Place, London is a modern leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Langbourne Place, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
131, Langbourne Place, London has 41 entries in the Land Registry database, most recently in August 2019 and a single entry in the EPC database dated June 2019.
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 131 Langbourne Place London as £389,708 and the rental value as £2,104 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 131 Langbourne Place London has increased by £794 (0.2%) and its rental value has increased by £78 per month (3.7%).
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 131, Langbourne Place, London is in very good condition we estimate a sale value of £409,193 and rental value of £2,209 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £362,428 and a rental value of £1,956 per month.
If you were able to purchase this property for the estimated value of £389,708, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,915 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, 131, Langbourne Place, London was last sold on 28 Aug 2019 for £392,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Aug 2019, the market for similar properties has dropped 3.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 131, Langbourne Place, London within a radius of 290 metres over the last 2 years.
The most recent example is 7, Langbourne Place, London, E14 3WN, a Leasehold flat which sold for £375,000 in Feb 2024.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Langbourne Place, London, E14 has a total of 145 addresses. According to our analysis of all the public data, 131, Langbourne Place, London is the 143rd largest and the 143rd most expensive property on the street.
When compared to the postcode district it is £95k less expensive than the average property in E14.
131, Langbourne Place, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jun 2019.
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 131, Langbourne Place, London is Mudchute station which is 500 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 131, Langbourne Place, London, 50.6% of property is privately rented and 30.1% 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 131, Langbourne Place, London, 14.2% of residents are recorded as possessing school level qualifications and 72.6% 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 131, Langbourne Place, London, the average age was 32.8 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 131, Langbourne Place, London, 0.9% 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 131, Langbourne Place, 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.