According to the public record, 25 Saunders Apartments, London is a modern leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Saunders Apartments, Merchant Street, London, E3.
Merchant Street, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
25 Saunders Apartments, London has 2 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated May 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 reasonable condition, we estimate the current sale value for 25 Saunders Apartments London as £381,079 and the rental value as £2,161 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 25 Saunders Apartments London has decreased by £3,264 (0.9%) and its rental value has increased by £71 per month (3.3%).
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 25 Saunders Apartments, London is in very good condition we estimate a sale value of £400,133 and rental value of £2,269 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £354,403 and a rental value of £2,010 per month.
If you were able to purchase this property for the estimated value of £381,079, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,873 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, 25 Saunders Apartments, London was last sold on 25 Jun 2021 for £468,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2021, the market for similar properties has dropped 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 25 Saunders Apartments, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 7, Bentley House 21, Wellington Way, London, E3 4XE, a Leasehold flat which sold for £375,000 in Aug 2023.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Merchant Street, London, E3 has a total of 253 addresses. According to our analysis of all the public data, 25 Saunders Apartments, London is the 118th largest and the 64th most expensive property on the street.
When compared to the postcode district it is £59k less expensive than the average property in E3.
25 Saunders Apartments, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 May 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 25 Saunders Apartments, London is Bow Road 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 25 Saunders Apartments, London, 42.9% of property is socially rented and 41.7% 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 25 Saunders Apartments, London, 20.4% of residents are recorded as possessing school level qualifications and 55.5% 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 25 Saunders Apartments, London, the average age was 31 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 25 Saunders Apartments, 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 25 Saunders Apartments, 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.