According to the public record, 18, Locksons Close, London is a modern apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Locksons Close, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
18, Locksons Close, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated February 2023.
We combine this information with public data 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 18 Locksons Close London as £281,407 and the rental value as £1,499 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 18 Locksons Close London has increased by £1,266 (0.4%) and its rental value has increased by £46 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 18, Locksons Close, London is in very good condition we estimate a sale value of £295,478 and rental value of £1,574 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £261,709 and a rental value of £1,394 per month.
If you were able to purchase this property for the estimated value of £281,407, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,383 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, 18, Locksons Close, London was last sold on 10 Dec 2004 for £212,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Locksons Close, London within a radius of 240 metres over the last 2 years.
The most recent example is Flat 6, 6, Barchester Street, London, E14 6RG, a Leasehold flat which sold for £295,000 in Dec 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, 18, Locksons Close, London is the 63rd largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £203k less expensive than the average property in E14.
18, Locksons Close, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Feb 2023.
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 18, 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 18, 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 18, 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 18, 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 18, 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 18, 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.