As updated by Saint Andrews Bureau in Jan 2022, Apartment 304, Charrington Tower 11, London is a modern 986 year lease apartment with 592 ft2 of internal area comprising 2 bedrooms with a balcony.
There are 986 years remaining on the lease.
The apartment is in Charrington Tower, Biscayne Avenue, London, E14.
Biscayne Avenue, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Based on both the data supplied by Saint Andrews Bureau and the public information available in the area, we estimate the current sale value for Apartment 304 Charrington Tower 11 London as £443,882 and the rental value as £2,300 per month giving an expected gross yield of 6.2%.
Saint Andrews Bureau described the decorative condition as fair in Jan 2022.
Over the last 12 months the sale value of Apartment 304 Charrington Tower 11 London has increased by £3,101 (0.7%) and its rental value has increased by £30 per month (1.3%).
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 304, Charrington Tower 11, London is in very good condition we estimate a sale value of £466,076 and rental value of £2,415 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £412,810 and a rental value of £2,139 per month.
If you were able to purchase this property for the estimated value of £443,882, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,182 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 304, Charrington Tower 11, London was last sold on 25 Apr 2016 for £352,030 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2016, the market for similar properties has dropped 3.0%
According to Saint Andrews Bureau , Apartment 304, Charrington Tower 11, London was let once since 2021 with the latest being in Jan 2022 for an undisclosed price.
Since Jan 2022, the market values of similar properties has risen 24.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 304, Charrington Tower 11, London within a radius of 230 metres over the last 2 years.
The most recent example is Apartment 3506, Charrington Tower 11, Biscayne Avenue, London, E14 9BQ, a Leasehold flat which sold for £465,000 in Jul 2024.
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 1 let of a property similar to Apartment 304, Charrington Tower 11, London within a radius of 230 metres over the last 2 years.
Most recently Apartment 707, Charrington Tower 11, Biscayne Avenue, London, E14 9AY, a Leasehold flat let by Saint Andrews Bureau in Oct 2019.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Biscayne Avenue, London, E14 has a total of 450 addresses. According to our analysis of all the public data, Apartment 304, Charrington Tower 11, London is the 243rd largest and the 303rd most expensive property on the street.
When compared to the postcode district it is £41k less expensive than the average property in E14.
Apartment 304, Charrington Tower 11, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Feb 2016.
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 304, Charrington Tower 11, London is Blackwall station which is 200 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 304, Charrington Tower 11, London, 59.0% of property is privately rented and 20.5% is privately owned with a mortgage.
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 304, Charrington Tower 11, London, 12.0% of residents are recorded as possessing school level qualifications and 82.0% 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 304, Charrington Tower 11, London, the average age was 37.5 and the most common age was 32.
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 304, Charrington Tower 11, London, 2.3% 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 304, Charrington Tower 11, 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.