According to the public record, 24, Meridian Place, London is a modern apartment with 947 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Meridian Place, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
24, Meridian Place, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated July 2018.
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 24 Meridian Place London as £566,119 and the rental value as £2,924 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 24 Meridian Place London has increased by £14,832 (2.6%) and its rental value has increased by £79 per month (2.7%).
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 24, Meridian Place, London is in very good condition we estimate a sale value of £594,425 and rental value of £3,070 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £526,491 and a rental value of £2,719 per month.
If you were able to purchase this property for the estimated value of £566,119, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,782 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, 24, Meridian Place, London was last sold on 23 Oct 1997 for £175,875 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 24, Meridian Place, London within a radius of 240 metres over the last 2 years.
The most recent example is 21, Meridian Place, London, E14 9FE, a Leasehold flat which sold for £535,000 in Jun 2021.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meridian Place, London, E14 has a total of 119 addresses. According to our analysis of all the public data, 24, Meridian Place, London is the 31st largest and the 44th most expensive property on the street.
When compared to the postcode district it is £82k more expensive than the average property in E14.
24, Meridian Place, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Jul 2018.
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 24, Meridian Place, London is South Quay 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 24, Meridian Place, London, 46.2% of property is privately rented and 35.6% 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 24, Meridian Place, London, 20.1% of residents are recorded as possessing school level qualifications and 66.8% 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 24, Meridian Place, 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 24, Meridian Place, 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 24, Meridian Place, 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.