According to the public record, Flat 12, 1, Forge Square, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 818 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 1, Forge Square, London, E14.
Forge Square, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 12, 1, Forge Square, London has a single entry in the Land Registry database from September 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 12 1 Forge Square London as £479,751 and the rental value as £2,529 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 12 1 Forge Square London has decreased by £493 (0.1%) and its rental value has increased by £83 per month (3.3%).
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 12, 1, Forge Square, London is in very good condition we estimate a sale value of £503,738 and rental value of £2,655 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £446,168 and a rental value of £2,352 per month.
If you were able to purchase this property for the estimated value of £479,751, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,358 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 12, 1, Forge Square, London was last sold on 06 Sep 2012 for £375,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2012, the market for similar properties has risen 44.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 12, 1, Forge Square, London within a radius of 280 metres over the last 2 years.
The most recent example is Flat 14, Tasman Court 244, Westferry Road, London, E14 3QJ, a Leasehold flat which sold for £500,000 in Nov 2022.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forge Square, London, E14 has a total of 178 addresses. According to our analysis of all the public data, Flat 12, 1, Forge Square, London is the 49th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £5k less expensive than the average property in E14.
Flat 12, 1, Forge Square, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Feb 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 12, 1, Forge Square, London is Mudchute 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 12, 1, Forge Square, London, 64.0% of property is privately rented and 18.9% 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 12, 1, Forge Square, London, 15.9% of residents are recorded as possessing school level qualifications and 70.0% 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 12, 1, Forge Square, London, the average age was 32.8 and the most common age was 32.
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 12, 1, Forge Square, London, 2.9% 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 12, 1, Forge Square, 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.