According to the public record, 49, Transom Square, London is a modern leasehold apartment with 398 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Transom Square, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
49, Transom Square, London has 2 entries in the Land Registry database, most recently in February 2017 and a single entry in the EPC database dated December 2021.
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 49 Transom Square London as £263,945 and the rental value as £1,409 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 49 Transom Square London has increased by £1,731 (0.7%) and its rental value has increased by £57 per month (4.1%).
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 49, Transom Square, London is in very good condition we estimate a sale value of £277,142 and rental value of £1,479 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £245,469 and a rental value of £1,310 per month.
If you were able to purchase this property for the estimated value of £263,945, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,297 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, 49, Transom Square, London was last sold on 08 Feb 2017 for £310,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2017, the market for similar properties has dropped 6.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Transom Square, London within a radius of 270 metres over the last 2 years.
The most recent example is 12, Transom Square, London, E14 3AQ, a Leasehold flat which sold for £260,000 in Dec 2022.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Transom Square, London, E14 has a total of 75 addresses. According to our analysis of all the public data, 49, Transom Square, London is the 54th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £221k less expensive than the average property in E14.
49, Transom Square, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Dec 2021.
The property is not connected to mains gas and has full secondary glazing. It is heated using Room heaters, electric.
The closest station to 49, Transom Square, London is Mudchute station which is 300 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 49, Transom Square, London, 64.0% of property is privately rented and 18.9% 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 49, Transom Square, London, 15.9% of residents are recorded as possessing school level qualifications and 70.0% 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 49, Transom Square, 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 49, Transom Square, London, 2.9% 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 49, Transom Square, 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.