According to the public record, 47, Topmast Point, London is a mid-century leasehold apartment with 871 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Topmast Point, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
47, Topmast Point, London has 21 entries in the Land Registry database, most recently in June 2012 and a single entry in the EPC database dated June 2022.
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 47 Topmast Point London as £321,671 and the rental value as £1,674 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 47 Topmast Point London has increased by £5,439 (1.7%) and its rental value has increased by £29 per month (1.7%).
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 47, Topmast Point, London is in very good condition we estimate a sale value of £337,755 and rental value of £1,758 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £299,154 and a rental value of £1,557 per month.
If you were able to purchase this property for the estimated value of £321,671, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,581 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, 47, Topmast Point, London was last sold on 06 Jun 2012 for £160,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2012, the market for similar properties has risen 41.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Topmast Point, London within a radius of 240 metres over the last 2 years.
The most recent example is Flat 20, Spinnaker House 2, Byng Street, London, E14 8LQ, a Leasehold flat which sold for £355,000 in Mar 2021.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Topmast Point, London, E14 has a total of 82 addresses. According to our analysis of all the public data, 47, Topmast Point, London is the 18th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £163k less expensive than the average property in E14.
47, Topmast Point, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Jun 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 47, Topmast Point, London is Heron Quays station which is 500 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 47, Topmast Point, London, 55.5% of property is socially rented and 25.8% 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 47, Topmast Point, London, 24.5% of residents are recorded as possessing school level qualifications and 41.1% 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 47, Topmast Point, London, the average age was 30.8 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 47, Topmast Point, London, 0.3% 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 47, Topmast Point, 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.