According to the public record, 3, Observatory Mews, London is a modern freehold house with 1,291 ft2 of internal area and sits on a 112 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Observatory Mews, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
3, Observatory Mews, London has 21 entries in the Land Registry database, most recently in December 2011 and a single entry in the EPC database dated June 2022.
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 3 Observatory Mews London as £728,398 and the rental value as £3,656 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 3 Observatory Mews London has increased by £2,277 (0.3%) and its rental value has increased by £210 per month (5.7%).
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 3, Observatory Mews, London is in very good condition we estimate a sale value of £764,818 and rental value of £3,839 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £677,410 and a rental value of £3,400 per month.
If you were able to purchase this property for the estimated value of £728,398, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,580 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 data from HM Land Registry, 3, Observatory Mews, London sits on a plot of 112m2.
We have plot size data on 4 out of 5 other houses in the postcode and 3, Observatory Mews, London sits on the 4th largest plot.
According to HM Land Registry, 3, Observatory Mews, London was last sold on 15 Dec 2011 for £402,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Dec 2011, the market for similar properties has risen 52.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Observatory Mews, London within a radius of 500 metres over the last 2 years.
The most recent example is 20, Caledonian Wharf, London, E14 3EW, a Freehold house which sold for £725,000 in Apr 2022.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Observatory Mews, London, E14 has a total of 18 addresses. According to our analysis of all the public data, 3, Observatory Mews, London is the largest and the most expensive property on the street.
When compared to the postcode district it is £244k more expensive than the average property in E14.
3, Observatory Mews, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Jun 2022.
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 3, Observatory Mews, London is Island Gardens 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 3, Observatory Mews, London, 45.7% of property is privately rented and 30.4% 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 3, Observatory Mews, London, 17.8% of residents are recorded as possessing school level qualifications and 74.7% 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 3, Observatory Mews, London, the average age was 34.3 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 3, Observatory Mews, 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 3, Observatory Mews, 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.