According to the public record, Flat 16, Cubitt Wharf, London is a modern leasehold apartment with 957 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Cubitt Wharf, Storers Quay, London, E14.
Storers Quay, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 16, Cubitt Wharf, London has 61 entries in the Land Registry database, most recently in December 2022 and a single entry in the EPC database dated May 2021.
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 Cubitt Wharf London as £596,516 and the rental value as £3,128 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 16 Cubitt Wharf London has increased by £4,968 (0.8%) and its rental value has increased by £196 per month (6.3%).
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, Cubitt Wharf, London is in very good condition we estimate a sale value of £626,342 and rental value of £3,284 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £554,760 and a rental value of £2,909 per month.
If you were able to purchase this property for the estimated value of £596,516, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,932 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, Cubitt Wharf, London was last sold on 14 Dec 2022 for £612,000 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since Dec 2022, the market for similar properties has dropped 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 16, Cubitt Wharf, London within a radius of 460 metres over the last 2 years.
The most recent example is Flat 21, Cubitt Wharf, Storers Quay, London, E14 3BF, a Leasehold flat which sold for £575,000 in Mar 2021.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Storers Quay, London, E14 has a total of 44 addresses. According to our analysis of all the public data, Flat 16, Cubitt Wharf, London is the 23rd largest and the 26th most expensive property on the street.
When compared to the postcode district it is £112k more expensive than the average property in E14.
Flat 16, Cubitt Wharf, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 May 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters, Electric storage heaters.
The closest station to Flat 16, Cubitt Wharf, London is Island Gardens station which is 600 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, Cubitt Wharf, London, 49.6% of property is privately rented and 28.7% 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, Cubitt Wharf, London, 14.3% of residents are recorded as possessing school level qualifications and 73.1% 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, Cubitt Wharf, London, the average age was 34.3 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, Cubitt Wharf, London, 3.9% 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, Cubitt Wharf, 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.