According to the public record, Apartment G16, 417, Wick Lane, London is a modern apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 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 G16, 417, Wick Lane, London has no records in the Land Registry database and a single entry in the EPC database dated October 2017.
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 G16 417 Wick Lane London as £306,929 and the rental value as £1,877 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of Apartment G16 417 Wick Lane London has decreased by £5,282 (1.7%) and its rental value has increased by £39 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 G16, 417, Wick Lane, London is in very good condition we estimate a sale value of £322,275 and rental value of £1,971 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £285,444 and a rental value of £1,746 per month.
If you were able to purchase this property for the estimated value of £306,929, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,508 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 G16, 417, Wick Lane, London within a radius of 410 metres over the last 2 years.
The most recent example is Flat 6, Christopher Bell Tower 1, Pancras Way, London, E3 2SR, a Leasehold flat which sold for £285,000 in Nov 2023.
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 3 lets within a 410 metres radius of Apartment G16, 417, Wick Lane, London over the last 2 years.
Most recently Flat 201, Ink Court 419, Wick Lane, London, E3 2PX, a Leasehold flat let by Saint Andrews Bureau in Feb 2023.
Wick Lane, London, E3 has a total of 351 addresses. According to our analysis of all the public data, Apartment G16, 417, Wick Lane, London is the 298th largest and the 323rd most expensive property on the street.
When compared to the postcode district it is £133k less expensive than the average property in E3.
Apartment G16, 417, Wick Lane, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Oct 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Apartment G16, 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 G16, 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 G16, 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 G16, 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 G16, 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 G16, 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.