According to the public record, Flat 19, Galleon House, London is a mid-century leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Galleon House, Glengarnock Avenue, London, E14.
Glengarnock Avenue, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 19, Galleon House, London has a single entry in the Land Registry database from October 2018 and a single entry in the EPC database dated January 2015.
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 19 Galleon House London as £248,659 and the rental value as £1,321 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 19 Galleon House London has increased by £127 (0.1%) and its rental value has increased by £52 per month (4.0%).
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 19, Galleon House, London is in very good condition we estimate a sale value of £261,092 and rental value of £1,387 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £231,253 and a rental value of £1,229 per month.
If you were able to purchase this property for the estimated value of £248,659, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,222 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 19, Galleon House, London was last sold on 05 Oct 2018 for £240,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2018, the market for similar properties has dropped 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 19, Galleon House, London within a radius of 460 metres over the last 2 years.
The most recent example is Flat 43, Galleon House, Glengarnock Avenue, London, E14 3DJ, a Leasehold flat which sold for £278,500 in May 2016.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Glengarnock Avenue, London, E14 has a total of 173 addresses. According to our analysis of all the public data, Flat 19, Galleon House, London is the 134th largest and the 150th most expensive property on the street.
When compared to the postcode district it is £236k less expensive than the average property in E14.
Flat 19, Galleon House, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Jan 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 19, Galleon House, London is Island Gardens station which is 200 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 19, Galleon House, London, 53.8% of property is socially rented and 19.4% 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 19, Galleon House, London, 31.9% of residents are recorded as possessing school level qualifications and 44.7% 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 19, Galleon House, 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 19, Galleon House, London, 0.7% 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 19, Galleon House, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.