According to the public record, 40, Geoff Cade Way, London is a modern leasehold apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Geoff Cade Way, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
40, Geoff Cade Way, London has a single entry in the Land Registry database from August 2016 and a single entry in the EPC database dated June 2016.
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 40 Geoff Cade Way London as £434,339 and the rental value as £2,522 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 40 Geoff Cade Way London has decreased by £3,293 (0.8%) and its rental value has increased by £80 per month (3.2%).
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 40, Geoff Cade Way, London is in very good condition we estimate a sale value of £456,056 and rental value of £2,648 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £403,935 and a rental value of £2,346 per month.
If you were able to purchase this property for the estimated value of £434,339, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,135 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, 40, Geoff Cade Way, London was last sold on 19 Aug 2016 for £460,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2016, the market for similar properties has dropped 7.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Geoff Cade Way, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat 601, Maypole Court 44, Geoff Cade Way, London, E3 4RP, a Leasehold flat which sold for £520,000 in Dec 2022.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Geoff Cade Way, London, E3 has a total of 133 addresses. According to our analysis of all the public data, 40, Geoff Cade Way, London is the 29th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £6k less expensive than the average property in E3.
40, Geoff Cade Way, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Jun 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 40, Geoff Cade Way, London is Devons Road station which is 800 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 40, Geoff Cade Way, London, 59.1% of property is socially rented and 20.0% 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 40, Geoff Cade Way, London, 35.1% of residents are recorded as possessing school level qualifications and 36.7% 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 40, Geoff Cade Way, London, the average age was 30.6 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 40, Geoff Cade Way, 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 40, Geoff Cade Way, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.