According to the public record, 56, Naval Row, London is a period leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Naval Row, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
56, Naval Row, London has 51 entries in the Land Registry database, most recently in September 2022 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 56 Naval Row London as £357,880 and the rental value as £1,934 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 56 Naval Row London has increased by £6,755 (1.9%) and its rental value has increased by £41 per month (2.1%).
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 56, Naval Row, London is in very good condition we estimate a sale value of £375,774 and rental value of £2,031 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £332,829 and a rental value of £1,799 per month.
If you were able to purchase this property for the estimated value of £357,880, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,759 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, 56, Naval Row, London was last sold on 30 Sep 2022 for £379,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Sep 2022, the market for similar properties has dropped 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56, Naval Row, London within a radius of 300 metres over the last 2 years.
The most recent example is 46, Naval Row, London, E14 9PS, a Leasehold flat which sold for £360,000 in Mar 2018.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 300 metres radius of 56, Naval Row, London over the last 2 years.
Most recently Flat 501, Ontario Tower 4, Fairmont Avenue, London, E14 9JA, a Leasehold flat let by London Property Management in Apr 2022.
Naval Row, London, E14 has a total of 34 addresses. According to our analysis of all the public data, 56, Naval Row, London is the 26th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £127k less expensive than the average property in E14.
56, Naval Row, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jun 2022.
The property is connected to mains gas and has full secondary glazing. It is heated using a boiler and radiators.
The closest station to 56, Naval Row, London is East India station which is 100 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 56, Naval Row, London, 59.0% of property is privately rented and 20.5% 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 56, Naval Row, London, 12.0% of residents are recorded as possessing school level qualifications and 82.0% 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 56, Naval Row, London, the average age was 37.5 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 56, Naval Row, London, 2.3% 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 56, Naval Row, 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.