According to the public record, Flat 103, Platinum Court 3, London is a modern Leasehold apartment with 312 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Platinum Court, Cephas Avenue, London, E1.
Cephas Avenue, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 103, Platinum Court 3, London has a single entry in the Land Registry database from March 2010 and a single entry in the EPC database dated October 2020.
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 103 Platinum Court 3 London as £400,227 and the rental value as £1,656 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of Flat 103 Platinum Court 3 London has decreased by £2,120 (0.5%) and its rental value has increased by £71 per month (4.3%).
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 103, Platinum Court 3, London is in very good condition we estimate a sale value of £420,238 and rental value of £1,739 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £372,211 and a rental value of £1,540 per month.
If you were able to purchase this property for the estimated value of £400,227, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,967 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 103, Platinum Court 3, London was last sold on 18 Mar 2010 for £250,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2010, the market for similar properties has risen 61.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 103, Platinum Court 3, London within a radius of 270 metres over the last 2 years.
The most recent example is Flat 303, Platinum Court 3, Cephas Avenue, London, E1 4FF, a Leasehold flat which sold for £205,000 in Jan 2010.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cephas Avenue, London, E1 has a total of 162 addresses. According to our analysis of all the public data, Flat 103, Platinum Court 3, London is the 136th largest and the 124th most expensive property on the street.
When compared to the postcode district it is £121k less expensive than the average property in E1.
Flat 103, Platinum Court 3, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 103, Platinum Court 3, London is Stepney Green station which is 200 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 103, Platinum Court 3, London, 68.5% of property is privately rented and 16.7% is privately owned outright.
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 103, Platinum Court 3, London, 33.6% of residents are recorded as possessing school level qualifications and 72.8% 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 103, Platinum Court 3, London, the average age was 32.1 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 103, Platinum Court 3, London, 1.1% 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 103, Platinum Court 3, 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.