According to the public record, Flat 103, Wharton House 67, London is a modern leasehold apartment with 731 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Wharton House, Palmers Road, London, E2.
Palmers Road, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
Flat 103, Wharton House 67, London has 2 entries in the Land Registry database, most recently in May 2023 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 103 Wharton House 67 London as £479,477 and the rental value as £2,540 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 103 Wharton House 67 London has decreased by £1,194 (0.2%) and its rental value has increased by £95 per month (3.7%).
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, Wharton House 67, London is in very good condition we estimate a sale value of £503,451 and rental value of £2,667 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £445,913 and a rental value of £2,362 per month.
If you were able to purchase this property for the estimated value of £479,477, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,356 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, Wharton House 67, London was last sold on 16 May 2023 for £192,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2023, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 103, Wharton House 67, London within a radius of 260 metres over the last 2 years.
The most recent example is Flat 303, Wharton House 67, Palmers Road, London, E2 0FF, a Leasehold flat which sold for £490,000 in Oct 2023.
Read more about house prices in E2.
*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 103, Wharton House 67, London within a radius of 260 metres over the last 2 years.
Most recently Flat 11, Rathnew Court 5, Meath Crescent, London, E2 0QG, a Leasehold flat let by London Property Management in Jul 2021.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palmers Road, London, E2 has a total of 718 addresses. According to our analysis of all the public data, Flat 103, Wharton House 67, London is the 401st largest and the 313th most expensive property on the street.
When compared to the postcode district it is £32k less expensive than the average property in E2.
Flat 103, Wharton House 67, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 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 103, Wharton House 67, London is Mile End 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 Flat 103, Wharton House 67, London, 36.9% of property is socially rented and 30.6% 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 103, Wharton House 67, London, 29.9% of residents are recorded as possessing school level qualifications and 52.0% 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, Wharton House 67, London, the average age was 29.4 and the most common age was 17.
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, Wharton House 67, 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 Flat 103, Wharton House 67, 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.