According to the public record, 43, Lake View Estate, London is a mid-century leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Lake View Estate, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
43, Lake View Estate, London has 51 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated October 2019.
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 43 Lake View Estate London as £314,088 and the rental value as £1,922 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 43 Lake View Estate London has decreased by £0 (0.0%) and its rental value has increased by £72 per month (3.8%).
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 43, Lake View Estate, London is in very good condition we estimate a sale value of £329,793 and rental value of £2,018 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £292,102 and a rental value of £1,788 per month.
If you were able to purchase this property for the estimated value of £314,088, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,544 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, 43, Lake View Estate, London was last sold on 04 Dec 2020 for £340,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Dec 2020, the market for similar properties has risen 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 43, Lake View Estate, London within a radius of 400 metres over the last 2 years.
The most recent example is Flat 5, Crane House 350, Roman Road, London, E3 5QW, a Leasehold flat which sold for £275,000 in Jan 2022.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 400 metres radius of 43, Lake View Estate, London over the last 2 years.
Most recently 1A, Vivian Road, London, E3 5RE, a Leasehold flat let by Saint Andrews Bureau in Dec 2022.
Lake View Estate, London, E3 has a total of 60 addresses. According to our analysis of all the public data, 43, Lake View Estate, London is the 25th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in E3.
43, Lake View Estate, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Oct 2019.
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 43, Lake View Estate, London is Mile End station which is 1.0 kilometres 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 43, Lake View Estate, London, 46.7% of property is socially rented and 27.9% 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 43, Lake View Estate, London, 22.4% of residents are recorded as possessing school level qualifications and 58.6% 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 43, Lake View Estate, London, the average age was 34.8 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 43, Lake View Estate, 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 43, Lake View Estate, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.