According to the public record, 22, Colmans Wharf 45, London is a period leasehold apartment with 1,345 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Colmans Wharf, Morris Road, London, E14.
Morris Road, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
22, Colmans Wharf 45, London has a single entry in the Land Registry database from July 2023 and a single entry in the EPC database dated January 2023.
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 22 Colmans Wharf 45 London as £879,165 and the rental value as £4,208 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 22 Colmans Wharf 45 London has increased by £6,544 (0.7%) and its rental value has increased by £94 per month (2.2%).
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 22, Colmans Wharf 45, London is in very good condition we estimate a sale value of £923,123 and rental value of £4,419 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £817,623 and a rental value of £3,914 per month.
If you were able to purchase this property for the estimated value of £879,165, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,321 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, 22, Colmans Wharf 45, London was last sold on 21 Jul 2023 for £885,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2023, the market for similar properties has risen 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 22, Colmans Wharf 45, London within a radius of 240 metres over the last 2 years.
The most recent example is Studio 46, 46, Morris Road, London, E14 6NQ, a Leasehold flat which sold for £950,000 in Oct 2022.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morris Road, London, E14 has a total of 198 addresses. According to our analysis of all the public data, 22, Colmans Wharf 45, London is the 36th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £395k more expensive than the average property in E14.
22, Colmans Wharf 45, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jan 2023.
The property is not connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 22, Colmans Wharf 45, 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 22, Colmans Wharf 45, London, 43.6% of property is privately rented and 34.7% 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 22, Colmans Wharf 45, London, 11.3% of residents are recorded as possessing school level qualifications and 79.4% 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 22, Colmans Wharf 45, London, the average age was 30.3 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 22, Colmans Wharf 45, London, 1.2% 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 22, Colmans Wharf 45, 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.