According to the public record, Flat 16, Bevan Court 246, London is a modern leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Bevan Court, Tredegar Road, London, E3.
Tredegar Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 16, Bevan Court 246, London has a single entry in the Land Registry database from February 2007 and a single entry in the EPC database dated September 2022.
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 16 Bevan Court 246 London as £323,225 and the rental value as £1,881 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of Flat 16 Bevan Court 246 London has decreased by £5,440 (1.7%) and its rental value has increased by £46 per month (2.4%).
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 16, Bevan Court 246, London is in very good condition we estimate a sale value of £339,386 and rental value of £1,975 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £300,599 and a rental value of £1,749 per month.
If you were able to purchase this property for the estimated value of £323,225, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,589 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 16, Bevan Court 246, London was last sold on 13 Feb 2007 for £182,450 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2007, the market for similar properties has risen 52.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 16, Bevan Court 246, London within a radius of 240 metres over the last 2 years.
The most recent example is Flat 33, Bevan Court 246, Tredegar Road, London, E3 2GP, a Leasehold flat which sold for £310,000 in Oct 2023.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets within a 240 metres radius of Flat 16, Bevan Court 246, London over the last 2 years.
Most recently Flat 2, 31, Douro Street, London, E3 2TS, a Leasehold flat let by London Property Management in Aug 2021.
Tredegar Road, London, E3 has a total of 309 addresses. According to our analysis of all the public data, Flat 16, Bevan Court 246, London is the 234th largest and the 251st most expensive property on the street.
When compared to the postcode district it is £117k less expensive than the average property in E3.
Flat 16, Bevan Court 246, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Sep 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 16, Bevan Court 246, London is Bow Road station which is 500 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 16, Bevan Court 246, London, 49.0% of property is privately rented and 19.2% 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 16, Bevan Court 246, London, 15.5% of residents are recorded as possessing school level qualifications and 64.1% 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 16, Bevan Court 246, London, the average age was 33.6 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 16, Bevan Court 246, 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 16, Bevan Court 246, 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.