According to the public record, Apartment 503, Phoenix Heights East 4, London is a modern apartment with 828 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 503, Phoenix Heights East 4, London has no records in the Land Registry database and a single entry in the EPC database dated November 2021.
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 503 Phoenix Heights East 4 London as £476,221 and the rental value as £2,493 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Apartment 503 Phoenix Heights East 4 London has increased by £5,912 (1.2%) and its rental value has increased by £30 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 503, Phoenix Heights East 4, London is in very good condition we estimate a sale value of £500,032 and rental value of £2,617 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £442,886 and a rental value of £2,318 per month.
If you were able to purchase this property for the estimated value of £476,221, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,340 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 503, 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 503, 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 503, Phoenix Heights East 4, London is the 121st largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £8k less expensive than the average property in E14.
Apartment 503, Phoenix Heights East 4, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Nov 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 503, 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 503, 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 503, 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 503, 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 503, 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 503, 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.