According to the public record, Flat 176, Stratosphere Tower 55, London is a modern apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Stratosphere Tower, Great Eastern Road, London, E15.
Great Eastern Road, London, E15 is located in the borough of Newham within the E15 postal district.
Flat 176, Stratosphere Tower 55, London has no records in the Land Registry database and a single entry in the EPC database dated October 2017.
We combine this information with public data 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 176 Stratosphere Tower 55 London as £481,982 and the rental value as £2,500 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 176 Stratosphere Tower 55 London has increased by £7,958 (1.7%) and its rental value has increased by £87 per month (3.5%).
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 176, Stratosphere Tower 55, London is in very good condition we estimate a sale value of £506,081 and rental value of £2,625 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £448,243 and a rental value of £2,325 per month.
If you were able to purchase this property for the estimated value of £481,982, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,369 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 176, Stratosphere Tower 55, London within a radius of 340 metres over the last 2 years.
The most recent example is Flat 232, Stratosphere Tower 55, Great Eastern Road, London, E15 1DU, a Leasehold flat which sold for £482,000 in Feb 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 2 lets within a 340 metres radius of Flat 176, Stratosphere Tower 55, London 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.
Great Eastern Road, London, E15 has a total of 564 addresses. According to our analysis of all the public data, Flat 176, Stratosphere Tower 55, London is the 313th largest and the 248th most expensive property on the street.
When compared to the postcode district it is £43k more expensive than the average property in E15.
Flat 176, Stratosphere Tower 55, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Oct 2017.
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 176, Stratosphere Tower 55, London is Stratford High Street 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 176, Stratosphere Tower 55, London, 76.3% of property is socially rented and 9.7% 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 176, Stratosphere Tower 55, London, 27.5% of residents are recorded as possessing school level qualifications and 39.1% 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 176, Stratosphere Tower 55, 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 176, Stratosphere Tower 55, 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 176, Stratosphere Tower 55, 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.