According to the public record, Flat 2, Elderfield House, London is a mid-century leasehold apartment with 914 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Elderfield House, Pennyfields, London, E14.
Pennyfields, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 2, Elderfield House, London has a single entry in the Land Registry database from June 2016 and a single entry in the EPC database dated September 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 2 Elderfield House London as £170,875 and the rental value as £913 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 2 Elderfield House London has increased by £1,404 (0.8%) and its rental value has increased by £18 per month (2.0%).
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 2, Elderfield House, London is in very good condition we estimate a sale value of £179,419 and rental value of £959 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £158,914 and a rental value of £850 per month.
If you were able to purchase this property for the estimated value of £170,875, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £840 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 2, Elderfield House, London was last sold on 17 Jun 2016 for £180,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2016, the market for similar properties has dropped 5.2%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 310 metres radius of Flat 2, Elderfield House, London over the last 2 years.
The most recent example is Flat 12, Birchfield House, Birchfield Street, London, E14 8EY, a Leasehold flat which sold for £183,249 in Dec 2021.
Read more about house prices in E14.
Pennyfields, London, E14 has a total of 70 addresses. According to our analysis of all the public data, Flat 2, Elderfield House, London is the 10th largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £314k less expensive than the average property in E14.
Flat 2, Elderfield House, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Sep 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 2, Elderfield House, London is Westferry station which is 100 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 2, Elderfield House, London, 59.3% of property is privately rented and 16.9% 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 2, Elderfield House, London, 11.3% of residents are recorded as possessing school level qualifications and 65.1% 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 2, Elderfield House, London, the average age was 32.3 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 2, Elderfield House, London, 0.3% 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 2, Elderfield House, 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.