According to the public record, 12A, Lanark Square, London is a modern leasehold apartment with 925 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 12, Lanark Square, London, E14.
Lanark Square, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
12A, Lanark Square, London has a single entry in the Land Registry database from April 2016 and a single entry in the EPC database dated December 2015.
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 12A Lanark Square London as £602,416 and the rental value as £3,064 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 12A Lanark Square London has increased by £7,212 (1.2%) and its rental value has increased by £54 per month (1.8%).
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 12A, Lanark Square, London is in very good condition we estimate a sale value of £632,537 and rental value of £3,217 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £560,247 and a rental value of £2,850 per month.
If you were able to purchase this property for the estimated value of £602,416, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,961 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, 12A, Lanark Square, London was last sold on 12 Apr 2016 for £650,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2016, the market for similar properties has dropped 4.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12A, Lanark Square, London within a radius of 210 metres over the last 2 years.
The most recent example is Apartment 726, 4, Baltimore Wharf, London, E14 9AQ, a Leasehold flat which sold for £660,000 in Jul 2023.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 210 metres radius of 12A, Lanark Square, London over the last 2 years.
Most recently Apartment 2402, Arena Tower 25, Crossharbour Plaza, London, E14 9SS, a Leasehold flat let by Saint Andrews Bureau in Nov 2022.
Lanark Square, London, E14 has a total of 82 addresses. According to our analysis of all the public data, 12A, Lanark Square, London is the 11th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £118k more expensive than the average property in E14.
12A, Lanark Square, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Dec 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, electric.
The closest station to 12A, Lanark Square, London is Crossharbour station which is 100 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 12A, Lanark Square, London, 49.8% of property is privately rented and 21.3% 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 12A, Lanark Square, London, 27.4% of residents are recorded as possessing school level qualifications and 65.5% 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 12A, Lanark Square, London, the average age was 37.5 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 12A, Lanark Square, London, 0.2% 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 12A, Lanark Square, 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.