According to the public record, Apartment G02, Graphite Point 36, London is a modern leasehold apartment with 914 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Graphite Point, Palmers Road, London, E2.
Palmers Road, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
Apartment G02, Graphite Point 36, London has a single entry in the Land Registry database from February 2019 and a single entry in the EPC database dated July 2017.
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 G02 Graphite Point 36 London as £630,297 and the rental value as £3,130 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Apartment G02 Graphite Point 36 London has decreased by £429 (0.1%) and its rental value has increased by £123 per month (3.9%).
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 G02, Graphite Point 36, London is in very good condition we estimate a sale value of £661,812 and rental value of £3,287 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £586,176 and a rental value of £2,911 per month.
If you were able to purchase this property for the estimated value of £630,297, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,098 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 G02, Graphite Point 36, London was last sold on 07 Feb 2019 for £550,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2019, the market for similar properties has risen 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment G02, Graphite Point 36, London within a radius of 260 metres over the last 2 years.
The most recent example is Apartment 701, Grand Regent Tower 2, Cadmium Square, London, E2 0FG, a Leasehold flat which sold for £755,000 in May 2024.
Read more about house prices in E2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palmers Road, London, E2 has a total of 718 addresses. According to our analysis of all the public data, Apartment G02, Graphite Point 36, London is the 127th largest and the 92nd most expensive property on the street.
When compared to the postcode district it is £119k more expensive than the average property in E2.
Apartment G02, Graphite Point 36, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jul 2017.
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 G02, Graphite Point 36, London is Mile End 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 G02, Graphite Point 36, London, 36.9% of property is socially rented and 30.6% 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 G02, Graphite Point 36, London, 29.9% of residents are recorded as possessing school level qualifications and 52.0% 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 G02, Graphite Point 36, London, the average age was 29.4 and the most common age was 17.
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 G02, Graphite Point 36, 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 G02, Graphite Point 36, 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.