According to the public record, Flat 1802, Salvor Tower 41, London is a modern apartment with 850 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Salvor Tower, Mastmaker Road, London, E14.
Mastmaker Road, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 1802, Salvor Tower 41, London has no records in the Land Registry database and a single entry in the EPC database dated October 2019.
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 good condition, we estimate the current sale value for Flat 1802 Salvor Tower 41 London as £308,057 and the rental value as £1,608 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 1802 Salvor Tower 41 London has increased by £5,209 (1.7%) and its rental value has increased by £28 per month (1.7%).
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 1802, Salvor Tower 41, London is in very good condition we estimate a sale value of £323,459 and rental value of £1,688 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £286,493 and a rental value of £1,495 per month.
If you were able to purchase this property for the estimated value of £308,057, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,514 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 1802, Salvor Tower 41, London within a radius of 150 metres over the last 2 years.
The most recent example is Flat 2703, Salvor Tower 41, Mastmaker Road, London, E14 9XS, a Leasehold flat which sold for £680,000 in Oct 2022.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mastmaker Road, London, E14 has a total of 317 addresses. According to our analysis of all the public data, Flat 1802, Salvor Tower 41, London is the 105th largest and the 180th most expensive property on the street.
When compared to the postcode district it is £176k less expensive than the average property in E14.
Flat 1802, Salvor Tower 41, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Oct 2019.
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 1802, Salvor Tower 41, London is South Quay 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 1802, Salvor Tower 41, London, 65.1% of property is socially rented and 20.6% 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 1802, Salvor Tower 41, London, 11.2% of residents are recorded as possessing school level qualifications and 40.9% 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 1802, Salvor Tower 41, London, the average age was 30.8 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 1802, Salvor Tower 41, 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 1802, Salvor Tower 41, 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.