According to the public record, Flat 12, Southcott House, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a early-century apartment with 649 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Southcott House, Devons Road, London, E3.
Devons Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 12, Southcott House, London has 21 entries in the Land Registry database, most recently in July 2008 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 Southcott House London as £237,063 and the rental value as £1,445 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of Flat 12 Southcott House London has increased by £304 (0.1%) and its rental value has increased by £61 per month (4.2%).
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, Southcott House, London is in very good condition we estimate a sale value of £248,917 and rental value of £1,518 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £220,469 and a rental value of £1,344 per month.
If you were able to purchase this property for the estimated value of £237,063, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,165 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, Southcott House, London was last sold on 04 Jul 2008 for £202,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2008, the market for similar properties has risen 48.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 12, Southcott House, London within a radius of 260 metres over the last 2 years.
The most recent example is Flat 25, Dorrington Point, Bromley High Street, London, E3 3EL, a Leasehold flat which sold for £285,000 in Aug 2022.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Devons Road, London, E3 has a total of 451 addresses. According to our analysis of all the public data, Flat 12, Southcott House, London is the 189th largest and the 380th most expensive property on the street.
When compared to the postcode district it is £203k less expensive than the average property in E3.
The closest station to Flat 12, Southcott House, London is Devons Road 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 12, Southcott House, London, 40.9% of property is privately rented and 35.6% 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 12, Southcott House, London, 36.0% of residents are recorded as possessing school level qualifications and 19.1% 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, Southcott House, London, the average age was 31.1 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, Southcott House, London, 0.6% 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, Southcott House, 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.