According to the public record, Apartment 1502, Phoenix Heights East 4, London is a modern leasehold apartment with 785 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Phoenix Heights East, Mastmaker Road, London, E14.
Mastmaker Road, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Apartment 1502, Phoenix Heights East 4, London has a single entry in the Land Registry database from December 2009 and a single entry in the EPC database dated February 2021.
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 1502 Phoenix Heights East 4 London as £459,430 and the rental value as £2,418 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Apartment 1502 Phoenix Heights East 4 London has increased by £5,703 (1.2%) and its rental value has increased by £29 per month (1.2%).
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 1502, Phoenix Heights East 4, London is in very good condition we estimate a sale value of £482,402 and rental value of £2,539 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £427,270 and a rental value of £2,249 per month.
If you were able to purchase this property for the estimated value of £459,430, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,258 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 1502, Phoenix Heights East 4, London was last sold on 16 Dec 2009 for £277,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Dec 2009, the market for similar properties has risen 50.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 1502, Phoenix Heights East 4, London within a radius of 180 metres over the last 2 years.
The most recent example is Apartment 404, Phoenix Heights East 4, Mastmaker Road, London, E14 9AJ, a Leasehold flat which sold for £125,000 in Jul 2022.
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 180 metres radius of Apartment 1502, Phoenix Heights East 4, London over the last 2 years.
Most recently Flat 1005, Bagshaw Building 1, Wards Place, London, E14 9DA, a Leasehold flat let by London Property Management in Aug 2022.
Mastmaker Road, London, E14 has a total of 317 addresses. According to our analysis of all the public data, Apartment 1502, Phoenix Heights East 4, London is the 176th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £25k less expensive than the average property in E14.
Apartment 1502, Phoenix Heights East 4, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Feb 2021.
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 1502, Phoenix Heights East 4, London is Heron Quays station which is 300 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 Apartment 1502, Phoenix Heights East 4, London, 56.1% of property is socially rented and 17.3% 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 Apartment 1502, Phoenix Heights East 4, London, 27.1% of residents are recorded as possessing school level qualifications and 44.4% 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 1502, Phoenix Heights East 4, London, the average age was 32.5 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 1502, Phoenix Heights East 4, London, 0.9% 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 1502, Phoenix Heights East 4, 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.