As updated by Saint Andrews Bureau in Nov 2018, Flat 151, Legacy Tower 88, London is a modern 240 year lease apartment with 538 ft2 of internal area comprising 2 bedrooms with a balcony.
There are 240 years remaining on the lease.
The apartment is in Legacy Tower, Great Eastern Road, London, E15.
Great Eastern Road, London, E15 is located in the borough of Newham within the E15 postal district.
Based on both the data supplied by Saint Andrews Bureau and the public information available in the area, we estimate the current sale value for Flat 151 Legacy Tower 88 London as £416,650 and the rental value as £2,104 per month giving an expected gross yield of 6.1%.
Saint Andrews Bureau described the decorative condition as fair in Nov 2018.
Over the last 12 months the sale value of Flat 151 Legacy Tower 88 London has increased by £1,661 (0.4%) and its rental value has increased by £46 per month (2.2%).
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 151, Legacy Tower 88, London is in very good condition we estimate a sale value of £437,483 and rental value of £2,209 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £387,485 and a rental value of £1,957 per month.
If you were able to purchase this property for the estimated value of £416,650, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,048 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 Saint Andrews Bureau , Flat 151, Legacy Tower 88, London was let once since 2021 with the latest being in Nov 2018 for an undisclosed price.
Since Nov 2018, the market values of similar properties has risen 34.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 151, Legacy Tower 88, London within a radius of 350 metres over the last 2 years.
The most recent example is Flat 86, Legacy Tower 88, Great Eastern Road, London, E15 1DE, a Leasehold flat which sold for £460,000 in Mar 2024.
Read more about house prices in E15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let of a property similar to Flat 151, Legacy Tower 88, London within a radius of 350 metres over the last 2 years.
Most recently Flat 33, Legacy Tower 88, Great Eastern Road, London, E15 1DE, a Leasehold flat let by Saint Andrews Bureau in Nov 2023.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Great Eastern Road, London, E15 has a total of 564 addresses. According to our analysis of all the public data, Flat 151, Legacy Tower 88, London is the 512th largest and the 442nd most expensive property on the street.
When compared to the postcode district it is £23k less expensive than the average property in E15.
Flat 151, Legacy Tower 88, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Aug 2018.
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 151, Legacy Tower 88, London is Stratford (London) station which is 0 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 151, Legacy Tower 88, London, 59.4% of property is socially rented and 18.7% is shared ownership.
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 151, Legacy Tower 88, London, 27.1% of residents are recorded as possessing school level qualifications and 42.8% 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 151, Legacy Tower 88, London, the average age was 33.6 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 151, Legacy Tower 88, London, 1.2% 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 151, Legacy Tower 88, 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.