According to the public record, Flat 1402, Cobalt Point 38, London is a modern leasehold apartment with 1,431 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Cobalt Point, Millharbour, London, E14.
Millharbour, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 1402, Cobalt Point 38, London has 2 entries in the Land Registry database, most recently in April 2018 and a single entry in the EPC database dated February 2024.
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 1402 Cobalt Point 38 London as £849,061 and the rental value as £4,165 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 1402 Cobalt Point 38 London has increased by £16,013 (1.9%) and its rental value has increased by £82 per month (2.0%).
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 1402, Cobalt Point 38, London is in very good condition we estimate a sale value of £891,515 and rental value of £4,373 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £789,627 and a rental value of £3,874 per month.
If you were able to purchase this property for the estimated value of £849,061, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,173 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 1402, Cobalt Point 38, London was last sold on 10 Apr 2018 for £865,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2018, the market for similar properties has dropped 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1402, Cobalt Point 38, London within a radius of 100 metres over the last 2 years.
The most recent example is Flat 51, Trinity Tower 28, Quadrant Walk, London, E14 9JW, a Leasehold flat which sold for £1,010,000 in Mar 2021.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millharbour, London, E14 has a total of 1137 addresses. According to our analysis of all the public data, Flat 1402, Cobalt Point 38, London is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £365k more expensive than the average property in E14.
Flat 1402, Cobalt Point 38, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Feb 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 1402, Cobalt Point 38, London is South Quay 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 1402, Cobalt Point 38, London, 58.8% of property is socially rented and 24.4% 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 1402, Cobalt Point 38, London, 26.0% of residents are recorded as possessing school level qualifications and 29.0% 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 1402, Cobalt Point 38, London, the average age was 30.8 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 1402, Cobalt Point 38, London, 1.0% 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 1402, Cobalt Point 38, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.