According to the public record, Apartment 1504, Duckman Tower 3, London is a modern leasehold apartment with 904 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Duckman Tower, Lincoln Plaza, London, E14.
Lincoln Plaza, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Apartment 1504, Duckman Tower 3, London has 2 entries in the Land Registry database, most recently in March 2017 and a single entry in the EPC database dated November 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 Apartment 1504 Duckman Tower 3 London as £638,671 and the rental value as £3,170 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Apartment 1504 Duckman Tower 3 London has increased by £11,446 (1.8%) and its rental value has increased by £59 per month (1.9%).
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 1504, Duckman Tower 3, London is in very good condition we estimate a sale value of £670,604 and rental value of £3,329 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £593,964 and a rental value of £2,948 per month.
If you were able to purchase this property for the estimated value of £638,671, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,139 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 1504, Duckman Tower 3, London was last sold on 03 Mar 2017 for £770,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2017, the market for similar properties has dropped 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 1504, Duckman Tower 3, London within a radius of 100 metres over the last 2 years.
The most recent example is Apartment 806, Talisman Tower 6, Lincoln Plaza, London, E14 9BU, a Leasehold flat which sold for £717,000 in Aug 2022.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lincoln Plaza, London, E14 has a total of 391 addresses. According to our analysis of all the public data, Apartment 1504, Duckman Tower 3, London is the 58th largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £154k more expensive than the average property in E14.
Apartment 1504, Duckman Tower 3, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Nov 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Apartment 1504, Duckman Tower 3, London is South Quay 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 1504, Duckman Tower 3, London, 56.3% of property is socially rented and 24.1% 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 1504, Duckman Tower 3, London, 19.0% of residents are recorded as possessing school level qualifications and 36.9% 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 1504, Duckman Tower 3, London, the average age was 30.8 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 1504, Duckman Tower 3, London, 0.3% 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 1504, Duckman Tower 3, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.