According to the public record, 7, Metropolitan Close, London is a modern leasehold apartment with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Metropolitan Close, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
7, Metropolitan Close, London has 2 entries in the Land Registry database, most recently in February 2014 and a single entry in the EPC database dated September 2017.
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 7 Metropolitan Close London as £347,159 and the rental value as £1,847 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 7 Metropolitan Close London has increased by £1,449 (0.4%) and its rental value has increased by £57 per month (3.1%).
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 7, Metropolitan Close, London is in very good condition we estimate a sale value of £364,517 and rental value of £1,939 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £322,858 and a rental value of £1,718 per month.
If you were able to purchase this property for the estimated value of £347,159, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,706 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, 7, Metropolitan Close, London was last sold on 28 Feb 2014 for £290,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2014, the market for similar properties has risen 20.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Metropolitan Close, London within a radius of 250 metres over the last 2 years.
The most recent example is 45, Locksons Close, London, E14 6BH, a Leasehold flat which sold for £350,000 in Jun 2024.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Metropolitan Close, London, E14 has a total of 24 addresses. According to our analysis of all the public data, 7, Metropolitan Close, London is the 24th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £137k less expensive than the average property in E14.
7, Metropolitan Close, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Sep 2017.
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, Metropolitan Close, London is Langdon Park 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 7, Metropolitan Close, London, 72.9% of property is socially rented and 16.3% 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, Metropolitan Close, London, 25.8% of residents are recorded as possessing school level qualifications and 30.0% 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 7, Metropolitan Close, London, the average age was 31.4 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 7, Metropolitan Close, London, 0.6% 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, Metropolitan Close, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.