According to the public record, 42, Eluna Apartments 4, London is a leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Eluna Apartments, Wapping Lane, London, E1.
Wapping Lane, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
42, Eluna Apartments 4, London has 21 entries in the Land Registry database, most recently in July 2022 and a single entry in the EPC database dated July 2015.
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 42 Eluna Apartments 4 London as £413,839 and the rental value as £2,444 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of 42 Eluna Apartments 4 London has decreased by £7,365 (1.8%) and its rental value has increased by £87 per month (3.5%).
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 42, Eluna Apartments 4, London is in very good condition we estimate a sale value of £434,531 and rental value of £2,566 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £384,870 and a rental value of £2,273 per month.
If you were able to purchase this property for the estimated value of £413,839, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,034 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, 42, Eluna Apartments 4, London was last sold on 12 Jul 2022 for £340,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2022, the market for similar properties has dropped 3.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Eluna Apartments 4, London within a radius of 300 metres over the last 2 years.
The most recent example is 36, Eluna Apartments 4, Wapping Lane, London, E1W 2RG, a Leasehold flat which sold for £400,000 in Jul 2023.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wapping Lane, London, E1 has a total of 246 addresses. According to our analysis of all the public data, 42, Eluna Apartments 4, London is the 178th largest and the 165th most expensive property on the street.
When compared to the postcode district it is £108k less expensive than the average property in E1.
42, Eluna Apartments 4, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Jul 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 42, Eluna Apartments 4, London is Shadwell 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 42, Eluna Apartments 4, London, 56.6% of property is privately rented and 18.5% is privately owned outright.
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 42, Eluna Apartments 4, London, 8.6% of residents are recorded as possessing school level qualifications and 68.5% 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 42, Eluna Apartments 4, London, the average age was 32.5 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 42, Eluna Apartments 4, London, 1.8% 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 42, Eluna Apartments 4, 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.