According to the public record, 79, Wheat Sheaf Close, London is a modern leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Wheat Sheaf Close, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
79, Wheat Sheaf Close, London has 51 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated August 2014.
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 79 Wheat Sheaf Close London as £398,767 and the rental value as £2,138 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 79 Wheat Sheaf Close London has increased by £3,376 (0.8%) and its rental value has increased by £50 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 79, Wheat Sheaf Close, London is in very good condition we estimate a sale value of £418,706 and rental value of £2,245 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £370,854 and a rental value of £1,989 per month.
If you were able to purchase this property for the estimated value of £398,767, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,960 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, 79, Wheat Sheaf Close, London was last sold on 21 Jun 2021 for £450,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Jun 2021, the market for similar properties has dropped 2.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 79, Wheat Sheaf Close, London within a radius of 380 metres over the last 2 years.
The most recent example is 31, Wheat Sheaf Close, London, E14 9UU, a Leasehold flat which sold for £390,000 in Oct 2023.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wheat Sheaf Close, London, E14 has a total of 172 addresses. According to our analysis of all the public data, 79, Wheat Sheaf Close, London is the 76th largest and the 75th most expensive property on the street.
When compared to the postcode district it is £86k less expensive than the average property in E14.
79, Wheat Sheaf Close, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Aug 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 79, Wheat Sheaf Close, London is Mudchute 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 79, Wheat Sheaf Close, London, 69.0% of property is privately rented and 19.4% 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 79, Wheat Sheaf Close, London, 16.5% of residents are recorded as possessing school level qualifications and 74.7% 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 79, Wheat Sheaf Close, 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 79, Wheat Sheaf Close, London, 0.7% 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 79, Wheat Sheaf Close, 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.