According to the public record, 3, Prospect Row, London is a modern leasehold apartment with 1,410 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Prospect Row, London, E15 is located in the borough of Newham within the E15 postal district.
3, Prospect Row, London has a single entry in the Land Registry database from May 2017 and a single entry in the EPC database dated April 2017.
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 Prospect Row London as £751,021 and the rental value as £3,935 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 3 Prospect Row London has increased by £19,146 (2.5%) and its rental value has increased by £172 per month (4.4%).
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, Prospect Row, London is in very good condition we estimate a sale value of £788,572 and rental value of £4,131 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £698,449 and a rental value of £3,659 per month.
If you were able to purchase this property for the estimated value of £751,021, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,691 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, 3, Prospect Row, London was last sold on 31 May 2017 for £705,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2017, the market for similar properties has risen 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Prospect Row, London within a radius of 280 metres over the last 2 years.
The most recent example is Flat 16, Atlantic Building 144, Leyton Road, London, E15 1FZ, a Leasehold flat which sold for £730,000 in Dec 2022.
Read more about house prices in E15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prospect Row, London, E15 has a total of 136 addresses. According to our analysis of all the public data, 3, Prospect Row, London is the largest and the 15th most expensive property on the street.
When compared to the postcode district it is £312k more expensive than the average property in E15.
3, Prospect Row, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Apr 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 3, Prospect Row, London is Stratford International 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 3, Prospect Row, London, 59.4% of property is socially rented and 18.7% is shared ownership.
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, Prospect Row, London, 27.1% of residents are recorded as possessing school level qualifications and 42.8% 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 3, Prospect Row, London, the average age was 33.6 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 3, Prospect Row, 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 3, Prospect Row, 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.