According to the public record, Flat 1, 3, Finchs Court Mews, London is a period leasehold apartment with 258 ft2 of internal area.
Apartments of this size in this area are normally studios with a garden.
The apartment is in 3, Finchs Court Mews, London, E14.
Finchs Court Mews, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 1, 3, Finchs Court Mews, London has a single entry in the Land Registry database from February 2020 and a single entry in the EPC database dated May 2023.
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 Flat 1 3 Finchs Court Mews London as £204,384 and the rental value as £1,086 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 1 3 Finchs Court Mews London has increased by £3,859 (1.9%) and its rental value has increased by £27 per month (2.5%).
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 Flat 1, 3, Finchs Court Mews, London is in very good condition we estimate a sale value of £214,604 and rental value of £1,140 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £190,078 and a rental value of £1,010 per month.
If you were able to purchase this property for the estimated value of £204,384, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,004 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, Flat 1, 3, Finchs Court Mews, London was last sold on 21 Feb 2020 for £210,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2020, the market for similar properties has dropped 3.4%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 1, 3, Finchs Court Mews, London within a radius of 370 metres over the last 2 years.
The most recent example is 13, Stoneyard Lane, London, E14 0BY, a Leasehold flat which sold for £267,000 in Oct 2013.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Finchs Court Mews, London, E14 has a total of 12 addresses. According to our analysis of all the public data, Flat 1, 3, Finchs Court Mews, London is the 12th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £280k less expensive than the average property in E14.
Flat 1, 3, Finchs Court Mews, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 03 May 2023.
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 Flat 1, 3, Finchs Court Mews, London is Poplar 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 Flat 1, 3, Finchs Court Mews, London, 52.7% of property is socially rented and 32.4% 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 Flat 1, 3, Finchs Court Mews, London, 23.4% of residents are recorded as possessing school level qualifications and 47.7% 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 Flat 1, 3, Finchs Court Mews, London, the average age was 31.2 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 Flat 1, 3, Finchs Court Mews, London, 0.0% 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 Flat 1, 3, Finchs Court Mews, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.