According to the public record, 7, Lake View Estate, London is a mid-century apartment with 351 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Lake View Estate, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
7, Lake View Estate, London has no records in the Land Registry database and a single entry in the EPC database dated February 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 7 Lake View Estate London as £245,168 and the rental value as £1,461 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 7 Lake View Estate London has increased by £1,289 (0.5%) and its rental value has increased by £63 per month (4.3%).
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 7, Lake View Estate, London is in very good condition we estimate a sale value of £257,427 and rental value of £1,534 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £228,007 and a rental value of £1,359 per month.
If you were able to purchase this property for the estimated value of £245,168, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,205 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 the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 7, Lake View Estate, London within a radius of 390 metres over the last 2 years.
The most recent example is Flat 13, Harold House, Mace Street, London, E2 0SS, a Leasehold flat which sold for £272,500 in Sep 2021.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 390 metres radius of 7, Lake View Estate, London over the last 2 years.
Most recently 1A, Vivian Road, London, E3 5RE, a Leasehold flat let by Saint Andrews Bureau in Dec 2022.
Lake View Estate, London, E3 has a total of 60 addresses. According to our analysis of all the public data, 7, Lake View Estate, London is the 54th largest and the 54th most expensive property on the street.
When compared to the postcode district it is £195k less expensive than the average property in E3.
7, Lake View Estate, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Feb 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 7, Lake View Estate, London is Mile End station which is 1.0 kilometres 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 7, Lake View Estate, London, 46.7% of property is socially rented and 27.9% is privately rented.
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 7, Lake View Estate, London, 22.4% of residents are recorded as possessing school level qualifications and 58.6% 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 7, Lake View Estate, London, the average age was 34.8 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 7, Lake View Estate, London, 0.0% 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 7, Lake View Estate, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.