According to the public record, 501, Centurion Tower 5, London is a modern leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Centurion Tower, Caxton Street North, London, E16.
Caxton Street North, London, E16 is located in the borough of Newham within the E16 postal district.
501, Centurion Tower 5, London has a single entry in the Land Registry database from November 2022 and a single entry in the EPC database dated October 2016.
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 501 Centurion Tower 5 London as £336,118 and the rental value as £1,958 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 501 Centurion Tower 5 London has decreased by £1,062 (0.3%) and its rental value has increased by £68 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 501, Centurion Tower 5, London is in very good condition we estimate a sale value of £352,924 and rental value of £2,056 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £312,590 and a rental value of £1,821 per month.
If you were able to purchase this property for the estimated value of £336,118, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,652 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, 501, Centurion Tower 5, London was last sold on 09 Nov 2022 for £365,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2022, the market for similar properties has dropped 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 501, Centurion Tower 5, London within a radius of 290 metres over the last 2 years.
The most recent example is 611, Sovereign Tower 1, Emily Street, London, E16 1LU, a Leasehold flat which sold for £360,000 in Apr 2024.
Read more about house prices in E16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Caxton Street North, London, E16 has a total of 185 addresses. According to our analysis of all the public data, 501, Centurion Tower 5, London is the 119th largest and the 145th most expensive property on the street.
When compared to the postcode district it is £52k less expensive than the average property in E16.
501, Centurion Tower 5, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Oct 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 501, Centurion Tower 5, London is Royal Victoria 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 501, Centurion Tower 5, London, 55.6% of property is privately rented and 23.2% 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 501, Centurion Tower 5, London, 28.7% of residents are recorded as possessing school level qualifications and 37.2% 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 501, Centurion Tower 5, London, the average age was 33.3 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 501, Centurion Tower 5, London, 1.2% 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 501, Centurion Tower 5, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.