According to the public record, Apartment 302, 417, Wick Lane, London is a modern apartment with 957 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in 417, Wick Lane, London, E3.
Wick Lane, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Apartment 302, 417, Wick Lane, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated September 2018.
We combine this information with public data 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 302 417 Wick Lane London as £436,442 and the rental value as £2,723 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of Apartment 302 417 Wick Lane London has decreased by £7,880 (1.8%) and its rental value has increased by £57 per month (2.1%).
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 302, 417, Wick Lane, London is in very good condition we estimate a sale value of £458,265 and rental value of £2,859 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £405,891 and a rental value of £2,533 per month.
If you were able to purchase this property for the estimated value of £436,442, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,145 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 302, 417, Wick Lane, London was last sold on 28 Jun 2005 for £239,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 302, 417, Wick Lane, London within a radius of 410 metres over the last 2 years.
The most recent example is Flat G02, Ink Court 419, Wick Lane, London, E3 2PW, a Leasehold flat which sold for £486,749 in Mar 2024.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let of a property similar to Apartment 302, 417, Wick Lane, London within a radius of 410 metres over the last 2 years.
Most recently Flat 2, 31, Douro Street, London, E3 2TS, a Leasehold flat let by London Property Management in Aug 2021.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wick Lane, London, E3 has a total of 351 addresses. According to our analysis of all the public data, Apartment 302, 417, Wick Lane, London is the 131st largest and the 188th most expensive property on the street.
When compared to the postcode district it is £3k less expensive than the average property in E3.
Apartment 302, 417, Wick Lane, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Sep 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using elecric underfloor heating.
The closest station to Apartment 302, 417, Wick Lane, London is Pudding Mill Lane station which is 700 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 302, 417, Wick Lane, London, 34.7% of property is socially rented and 32.2% 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 302, 417, Wick Lane, London, 24.9% of residents are recorded as possessing school level qualifications and 55.1% 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 302, 417, Wick Lane, London, the average age was 32.7 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 302, 417, Wick Lane, London, 1.2% 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 Apartment 302, 417, Wick Lane, 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.