According to the public record, Flat 109, Mission Building 747, London is a period leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Mission Building, Commercial Road, London, E14.
Commercial Road, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 109, Mission Building 747, London has 71 entries in the Land Registry database, most recently in August 2019 and a single entry in the EPC database dated August 2018.
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 109 Mission Building 747 London as £332,231 and the rental value as £1,749 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 109 Mission Building 747 London has increased by £1,795 (0.5%) and its rental value has increased by £42 per month (2.4%).
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 109, Mission Building 747, London is in very good condition we estimate a sale value of £348,842 and rental value of £1,837 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £308,974 and a rental value of £1,627 per month.
If you were able to purchase this property for the estimated value of £332,231, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,633 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 109, Mission Building 747, London was last sold on 29 Aug 2019 for £369,250 and was recorded as a leasehold flat.
The property has had 7 sales since 1995.
Since Aug 2019, the market for similar properties has dropped 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 109, Mission Building 747, London within a radius of 260 metres over the last 2 years.
The most recent example is Flat 206, Mission Building 747, Commercial Road, London, E14 7LE, a Leasehold flat which sold for £322,000 in Jul 2022.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Commercial Road, London, E14 has a total of 473 addresses. According to our analysis of all the public data, Flat 109, Mission Building 747, London is the 321st largest and the 341st most expensive property on the street.
When compared to the postcode district it is £152k less expensive than the average property in E14.
Flat 109, Mission Building 747, London has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 15 Aug 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to Flat 109, Mission Building 747, London is Limehouse 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 109, Mission Building 747, London, 51.5% of property is privately rented and 23.0% 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 109, Mission Building 747, London, 16.5% of residents are recorded as possessing school level qualifications and 58.0% 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 109, Mission Building 747, London, the average age was 32.3 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 109, Mission Building 747, London, 0.4% 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 109, Mission Building 747, 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.