According to the public record, Flat 11, 59, Morris Road, London is a modern leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 59, Morris Road, London, E14.
Morris Road, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 11, 59, Morris Road, London has a single entry in the Land Registry database from November 2010 and a single entry in the EPC database dated June 2021.
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 11 59 Morris Road London as £131,417 and the rental value as £692 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 11 59 Morris Road London has increased by £591 (0.4%) and its rental value has increased by £21 per month (3.1%).
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 11, 59, Morris Road, London is in very good condition we estimate a sale value of £137,988 and rental value of £727 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £122,218 and a rental value of £643 per month.
If you were able to purchase this property for the estimated value of £131,417, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £646 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 11, 59, Morris Road, London was last sold on 08 Nov 2010 for £190,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2010, the market for similar properties has risen 51.8%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 240 metres radius of Flat 11, 59, Morris Road, London over the last 2 years.
The most recent example is Flat 6, 6, Barchester Street, London, E14 6RG, a Leasehold flat which sold for £295,000 in Dec 2023.
Read more about house prices in E14.
Morris Road, London, E14 has a total of 198 addresses. According to our analysis of all the public data, Flat 11, 59, Morris Road, London is the 180th largest and the 187th most expensive property on the street.
When compared to the postcode district it is £353k less expensive than the average property in E14.
Flat 11, 59, Morris Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Jun 2021.
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 11, 59, Morris Road, London is Langdon Park station which is 300 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 11, 59, Morris Road, London, 45.5% of property is socially rented and 28.6% 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 11, 59, Morris Road, London, 31.2% of residents are recorded as possessing school level qualifications and 40.4% 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 11, 59, Morris Road, London, the average age was 31.4 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 11, 59, Morris Road, 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 11, 59, Morris Road, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.