According to the public record, Flat 1002, Kara Court 15, London is a modern leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Kara Court, Seven Sea Gardens, London, E3.
Seven Sea Gardens, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 1002, Kara Court 15, London has a single entry in the Land Registry database from October 2012 and a single entry in the EPC database dated March 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 1002 Kara Court 15 London as £384,558 and the rental value as £2,045 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 1002 Kara Court 15 London has decreased by £6,578 (1.7%) and its rental value has increased by £44 per month (2.2%).
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 Flat 1002, Kara Court 15, London is in very good condition we estimate a sale value of £403,786 and rental value of £2,147 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £357,639 and a rental value of £1,902 per month.
If you were able to purchase this property for the estimated value of £384,558, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,890 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 1002, Kara Court 15, London was last sold on 05 Oct 2012 for £311,503 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2012, the market for similar properties has risen 46.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1002, Kara Court 15, London within a radius of 250 metres over the last 2 years.
The most recent example is Flat 103, Kara Court 15, Seven Sea Gardens, London, E3 3GX, a Leasehold flat which sold for £310,000 in Aug 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 1 let of a property similar to Flat 1002, Kara Court 15, London within a radius of 250 metres over the last 2 years.
Most recently Flat 304, Donoghue Court 24, Barry Blandford Way, London, E3 3TW, a Leasehold flat let by London Property Management in Jul 2021.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Seven Sea Gardens, London, E3 has a total of 228 addresses. According to our analysis of all the public data, Flat 1002, Kara Court 15, London is the 124th largest and the 107th most expensive property on the street.
When compared to the postcode district it is £55k less expensive than the average property in E3.
Flat 1002, Kara Court 15, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 23 Mar 2023.
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 Flat 1002, Kara Court 15, London is Devons Road station which is 400 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 1002, Kara Court 15, London, 49.3% of property is privately rented and 31.3% is privately owned with a mortgage.
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 1002, Kara Court 15, London, 10.6% of residents are recorded as possessing school level qualifications and 77.8% 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 1002, Kara Court 15, London, the average age was 31 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 1002, Kara Court 15, London, 0.8% 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 1002, Kara Court 15, 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.