According to the public record, 601, Waterman House 12, London is a modern leasehold apartment with 1,076 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a roof terrace and balcony.
The apartment is in Waterman House, Forrester Way, London, E15.
Forrester Way, London, E15 is located in the borough of Newham within the E15 postal district.
601, Waterman House 12, London has a single entry in the Land Registry database from October 2019 and a single entry in the EPC database dated September 2019.
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 good condition, we estimate the current sale value for 601 Waterman House 12 London as £668,735 and the rental value as £3,495 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of 601 Waterman House 12 London has increased by £7,844 (1.2%) and its rental value has increased by £104 per month (3.0%).
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 601, Waterman House 12, London is in very good condition we estimate a sale value of £702,172 and rental value of £3,669 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £621,924 and a rental value of £3,250 per month.
If you were able to purchase this property for the estimated value of £668,735, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,287 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, 601, Waterman House 12, London was last sold on 15 Oct 2019 for £654,450 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2019, the market for similar properties has risen 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 601, Waterman House 12, London within a radius of 300 metres over the last 2 years.
The most recent example is 603, Waterman House 12, Forrester Way, London, E15 1GL, a Leasehold flat which sold for £740,000 in Jun 2022.
Read more about house prices in E15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forrester Way, London, E15 has a total of 334 addresses. According to our analysis of all the public data, 601, Waterman House 12, London is the 84th largest and the 88th most expensive property on the street.
When compared to the postcode district it is £229k more expensive than the average property in E15.
601, Waterman House 12, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Sep 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to 601, Waterman House 12, London is Stratford International station which is 400 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 601, Waterman House 12, London, 59.4% of property is socially rented and 18.7% is shared ownership.
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 601, Waterman House 12, London, 27.1% of residents are recorded as possessing school level qualifications and 42.8% 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 601, Waterman House 12, London, the average age was 33.6 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 601, Waterman House 12, 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 601, Waterman House 12, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.