According to the public record, Apartment 140, Avantgarde Tower 1, London is a modern leasehold apartment and with 1,044 ft2 of internal area.
Apartments of this size in this area normally have 3 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 140, Avantgarde Tower 1, London has a single entry in the Land Registry database from May 2014 and 2 entries in the EPC database, most recently in December 2023.
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 140 Avantgarde Tower 1 London as £978,775 and the rental value as £4,146 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Apartment 140 Avantgarde Tower 1 London has increased by £12,358 (1.3%) and its rental value has increased by £247 per month (5.9%).
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 140, Avantgarde Tower 1, London is in very good condition we estimate a sale value of £1,027,714 and rental value of £4,354 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £910,261 and a rental value of £3,856 per month.
If you were able to purchase this property for the estimated value of £978,775, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,810 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 140, Avantgarde Tower 1, London was last sold on 27 May 2014 for £925,000 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 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 140, Avantgarde Tower 1, London within a radius of 0m over the last 2 years.
The most recent example is Apartment 128, Avantgarde Tower 1, Avantgarde Place, London, E1 6GS, a Leasehold flat which sold for £925,000 in Dec 2023.
Read more about house prices in E1.
Our network of Estate Agents report 2 lets of properties similar to Apartment 140, Avantgarde Tower 1, London within a radius of 146m 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 140, Avantgarde Tower 1, London is the 10th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £457k more expensive than the average property in E1.
Apartment 140, Avantgarde Tower 1, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Dec 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Apartment 140, 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 140, 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 140, 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 140, 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 140, 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 140, 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.