According to the public record, Flat 1, 3, Pelling Street, London is a modern leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 3, Pelling Street, London, E14.
Pelling Street, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 1, 3, Pelling Street, London has 51 entries in the Land Registry database, most recently in August 2015 and a single entry in the EPC database dated April 2024.
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 Pelling Street London as £364,117 and the rental value as £1,945 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 1 3 Pelling Street London has increased by £2,011 (0.6%) and its rental value has increased by £27 per month (1.4%).
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, Pelling Street, London is in very good condition we estimate a sale value of £382,323 and rental value of £2,042 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £338,629 and a rental value of £1,809 per month.
If you were able to purchase this property for the estimated value of £364,117, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,790 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, Pelling Street, London was last sold on 03 Aug 2015 for £350,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Aug 2015, the market for similar properties has risen 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 3, Pelling Street, London within a radius of 240 metres over the last 2 years.
The most recent example is Flat 11, 3, Pelling Street, London, E14 7EN, a Leasehold flat which sold for £410,000 in Aug 2023.
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 Flat 1, 3, Pelling Street, London within a radius of 240 metres over the last 2 years.
Most recently Flat 101, Paisley Court 15, Clyde Square, London, E14 7TB, a Leasehold flat let by Saint Andrews Bureau in Nov 2023.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pelling Street, London, E14 has a total of 30 addresses. According to our analysis of all the public data, Flat 1, 3, Pelling Street, London is the 20th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in E14.
Flat 1, 3, Pelling Street, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Apr 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to Flat 1, 3, Pelling Street, London is Westferry station which is 500 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, Pelling Street, London, 41.9% of property is privately rented and 33.1% is socially 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, Pelling Street, London, 15.4% of residents are recorded as possessing school level qualifications and 48.8% 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, Pelling Street, 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, Pelling Street, 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, Pelling Street, 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.