According to the public record, 57, Falcon Way, London is a modern apartment with 963 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Falcon Way, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
57, Falcon Way, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated October 2010.
We combine this information with public data 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 57 Falcon Way London as £625,325 and the rental value as £3,088 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 57 Falcon Way London has increased by £5,802 (0.9%) and its rental value has increased by £75 per month (2.4%).
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 57, Falcon Way, London is in very good condition we estimate a sale value of £656,591 and rental value of £3,243 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £581,552 and a rental value of £2,872 per month.
If you were able to purchase this property for the estimated value of £625,325, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,073 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, 57, Falcon Way, London was last sold on 15 May 1998 for £155,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 57, Falcon Way, London within a radius of 430 metres over the last 2 years.
The most recent example is 60, Falcon Way, London, E14 9UP, a Leasehold flat which sold for £520,000 in Feb 2022.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Falcon Way, London, E14 has a total of 62 addresses. According to our analysis of all the public data, 57, Falcon Way, London is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £141k more expensive than the average property in E14.
57, Falcon Way, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Oct 2010.
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 57, Falcon Way, London is Mudchute station which is 200 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 57, Falcon Way, London, 52.6% of property is privately rented and 20.3% 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 57, Falcon Way, London, 14.5% of residents are recorded as possessing school level qualifications and 75.9% 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 57, Falcon Way, 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 57, Falcon Way, London, 0.5% 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 57, Falcon Way, 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.