According to the public record, Apartment 122, Avantgarde Tower 1, London is a modern leasehold apartment and with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Avantgarde Tower, Avantgarde Place, London, E1.
Avantgarde Place, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Apartment 122, Avantgarde Tower 1, London has a single entry in the Land Registry database from May 2014 and a single entry in the EPC database dated May 2013.
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 Apartment 122 Avantgarde Tower 1 London as £582,008 and the rental value as £2,693 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Apartment 122 Avantgarde Tower 1 London has decreased by £4,940 (0.8%) and its rental value has increased by £101 per month (3.7%).
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 Apartment 122, Avantgarde Tower 1, London is in very good condition we estimate a sale value of £611,109 and rental value of £2,827 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £541,268 and a rental value of £2,504 per month.
If you were able to purchase this property for the estimated value of £582,008, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,860 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, Apartment 122, Avantgarde Tower 1, London was last sold on 09 May 2014 for £500,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2014, the market for similar properties has risen 3.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 122, Avantgarde Tower 1, London within a radius of 0m over the last 2 years.
The most recent example is Apartment 37, Avantgarde Tower 1, Avantgarde Place, London, E1 6GR, a Leasehold flat which sold for £540,000 in Apr 2024.
Read more about house prices in E1.
Our network of Estate Agents report 2 lets within a 146m radius of Apartment 122, Avantgarde Tower 1, London over the last 2 years.
Most recently Flat 4, Element Court 11, Chance Street, London, E2 7JB, a Leasehold flat let by Saint Andrews Bureau for an undisclosed amount in Oct 2023.
Avantgarde Place, London, E1 has a total of 257 addresses. According to our analysis of all the public data, Apartment 122, Avantgarde Tower 1, London is the 148th largest and the 123rd most expensive property on the street.
When compared to the postcode district it is £60k more expensive than the average property in E1.
Apartment 122, Avantgarde Tower 1, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 May 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using Warm air , electric.
The closest station to Apartment 122, Avantgarde Tower 1, London is Shoreditch High Street station which is 200 m 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 Apartment 122, Avantgarde Tower 1, London, 42.3% of property is privately rented and 35.0% is privately owned outright.
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 Apartment 122, Avantgarde Tower 1, London, 10.1% of residents are recorded as possessing school level qualifications and 81.2% 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 Apartment 122, Avantgarde Tower 1, London, the average age was 32.1 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 Apartment 122, Avantgarde Tower 1, London, 5.4% 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 Apartment 122, Avantgarde Tower 1, 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.