According to the public record, 42, Falcon Way, London is a modern leasehold apartment with 355 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Falcon Way, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
42, Falcon Way, London has 3 entries in the Land Registry database, most recently in December 2014 and a single entry in the EPC database dated August 2014.
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 Falcon Way London as £295,830 and the rental value as £1,356 per month giving an expected gross yield of 5.5%.
Over the last 12 months the sale value of 42 Falcon Way London has increased by £3,565 (1.2%) and its rental value has increased by £37 per month (2.7%).
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 42, Falcon Way, London is in very good condition we estimate a sale value of £310,622 and rental value of £1,424 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £275,122 and a rental value of £1,261 per month.
If you were able to purchase this property for the estimated value of £295,830, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,454 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, Falcon Way, London was last sold on 12 Dec 2014 for £301,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2014, the market for similar properties has risen 7.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Falcon Way, London within a radius of 430 metres over the last 2 years.
The most recent example is 27, Falcon Way, London, E14 9UP, a Leasehold flat which sold for £295,000 in Nov 2023.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Falcon Way, London, E14 has a total of 62 addresses. According to our analysis of all the public data, 42, Falcon Way, London is the 54th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £189k less expensive than the average property in E14.
42, Falcon Way, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Aug 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 42, Falcon Way, London is Mudchute 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, Falcon Way, London, 52.6% of property is privately rented and 20.3% 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 42, Falcon Way, London, 14.5% of residents are recorded as possessing school level qualifications and 75.9% 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, Falcon Way, London, the average age was 32.8 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 42, Falcon Way, London, 0.5% 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, Falcon 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.