According to the public record, Flat 162, Sugar Quay 1, London is a modern leasehold apartment and with 2,206 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Sugar Quay, Water Lane, London, EC3.
Water Lane, London, EC3 is located in the borough of City and County of the City of London within the EC3 postal district.
Flat 162, Sugar Quay 1, London has a single entry in the Land Registry database from June 2018 and no records in the EPC database.
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 162 Sugar Quay 1 London as £3,295,094 and the rental value as £8,908 per month giving an expected gross yield of 3.2%.
Over the last 12 months the sale value of Flat 162 Sugar Quay 1 London has decreased by £30,330 (0.9%) and its rental value has increased by £327 per month (3.7%).
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 162, Sugar Quay 1, London is in very good condition we estimate a sale value of £3,459,849 and rental value of £9,353 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £3,064,437 and a rental value of £8,284 per month.
If you were able to purchase this property for the estimated value of £3,295,094, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £16,194 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 162, Sugar Quay 1, London was last sold on 29 Jun 2018 for £6,764,875 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2018, the market for similar properties has dropped 6.2%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 162, Sugar Quay 1, London within a radius of 542m over the last 2 years.
The most recent example is Flat 164, Sugar Quay 1, Water Lane, London, EC3R 6AP, a Leasehold flat which sold for £6,600,000 in Nov 2018.
Read more about house prices in EC3.
Our network of Estate Agents report 3 lets within a 588m radius of Flat 162, Sugar Quay 1, London over the last 2 years.
Most recently 2 Tudor House, Duchess Walk, London, SE1 2SA, a Leasehold flat let by Saint Andrews Bureau for an undisclosed amount in Feb 2024.
Water Lane, London, EC3 has a total of 165 addresses. According to our analysis of all the public data, Flat 162, Sugar Quay 1, London is the 9th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £2.342m more expensive than the average property in EC3.
Flat 162, Sugar Quay 1, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 May 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 162, Sugar Quay 1, London is Tower Hill station which is 300 m 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 162, Sugar Quay 1, London, 93.5% of property is socially rented and 5.8% 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 162, Sugar Quay 1, London, 23.5% of residents are recorded as possessing school level qualifications and 29.5% 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 162, Sugar Quay 1, London, the average age was 40.7 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 162, Sugar Quay 1, 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 162, Sugar Quay 1, 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.