According to the public record, Flat 1306, Defoe House 123, London is a modern leasehold apartment with 398 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Defoe House, City Island Way, London, E14.
City Island Way, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 1306, Defoe House 123, London has a single entry in the Land Registry database from February 2020 and a single entry in the EPC database dated September 2019.
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 good condition, we estimate the current sale value for Flat 1306 Defoe House 123 London as £353,742 and the rental value as £1,643 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 1306 Defoe House 123 London has increased by £1,171 (0.3%) and its rental value has increased by £42 per month (2.5%).
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 1306, Defoe House 123, London is in very good condition we estimate a sale value of £371,429 and rental value of £1,725 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £328,980 and a rental value of £1,528 per month.
If you were able to purchase this property for the estimated value of £353,742, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,739 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 1306, Defoe House 123, London was last sold on 04 Feb 2020 for £380,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2020, 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 1306, Defoe House 123, London within a radius of 220 metres over the last 2 years.
The most recent example is Flat 1804, Modena House 19, Lyell Street, London, E14 0RR, a Leasehold flat which sold for £380,000 in Mar 2024.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets of properties similar to Flat 1306, Defoe House 123, London within a radius of 220 metres over the last 2 years.
Most recently Flat 206, Astell House 35, Lyell Street, London, E14 0SU, a Leasehold flat let by London Property Management in Aug 2022.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
City Island Way, London, E14 has a total of 601 addresses. According to our analysis of all the public data, Flat 1306, Defoe House 123, London is the 585th largest and the 586th most expensive property on the street.
When compared to the postcode district it is £131k less expensive than the average property in E14.
Flat 1306, Defoe House 123, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Sep 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 1306, Defoe House 123, London is East India 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 1306, Defoe House 123, London, 73.0% of property is privately rented and 21.0% 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 1306, Defoe House 123, London, 14.4% of residents are recorded as possessing school level qualifications and 73.7% 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 1306, Defoe House 123, London, the average age was 37.5 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 1306, Defoe House 123, 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 1306, Defoe House 123, 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.