According to the public record, Flat 1807, Corson House 157, London is a modern leasehold apartment with 1,108 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Corson House, City Island Way, London, E14.
City Island Way, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 1807, Corson House 157, London has a single entry in the Land Registry database from August 2022 and a single entry in the EPC database dated April 2019.
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 good condition, we estimate the current sale value for Flat 1807 Corson House 157 London as £847,467 and the rental value as £3,940 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 1807 Corson House 157 London has increased by £12,339 (1.5%) and its rental value has increased by £145 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 1807, Corson House 157, London is in very good condition we estimate a sale value of £889,840 and rental value of £4,137 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £788,144 and a rental value of £3,664 per month.
If you were able to purchase this property for the estimated value of £847,467, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,165 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 1807, Corson House 157, London was last sold on 04 Aug 2022 for £885,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2022, the market for similar properties has dropped 0.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1807, Corson House 157, London within a radius of 240 metres over the last 2 years.
The most recent example is Flat 807, Corson House 157, City Island Way, London, E14 0TN, a Leasehold flat which sold for £790,000 in Mar 2024.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 240 metres radius of Flat 1807, Corson House 157, London over the last 2 years.
Most recently Flat 809, Grantham House 46, Botanic Square, London, E14 0LW, a Leasehold flat let by London Property Management in Mar 2022.
City Island Way, London, E14 has a total of 601 addresses. According to our analysis of all the public data, Flat 1807, Corson House 157, London is the 49th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £363k more expensive than the average property in E14.
Flat 1807, Corson House 157, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Apr 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 1807, Corson House 157, London is East India station which is 400 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 1807, Corson House 157, London, 73.0% of property is privately rented and 21.0% 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 1807, Corson House 157, London, 14.4% of residents are recorded as possessing school level qualifications and 73.7% 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 1807, Corson House 157, London, the average age was 37.5 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 1807, Corson House 157, 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 1807, Corson House 157, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.