According to the public record, Flat 2, Express Wharf 3, London is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Express Wharf, Hutchings Street, London, E14.
Hutchings Street, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 2, Express Wharf 3, London has a single entry in the Land Registry database from June 2018 and a single entry in the EPC database dated November 2016.
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 Express Wharf 3 London as £220,477 and the rental value as £1,162 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 2 Express Wharf 3 London has increased by £3,653 (1.7%) and its rental value has increased by £21 per month (1.8%).
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, Express Wharf 3, London is in very good condition we estimate a sale value of £231,501 and rental value of £1,220 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £205,043 and a rental value of £1,081 per month.
If you were able to purchase this property for the estimated value of £220,477, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,084 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, Express Wharf 3, London was last sold on 21 Jun 2018 for £305,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2018, the market for similar properties has dropped 2.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Express Wharf 3, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat 46, Express Wharf 3, Hutchings Street, London, E14 8JP, a Leasehold flat which sold for £134,750 in Sep 2023.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hutchings Street, London, E14 has a total of 324 addresses. According to our analysis of all the public data, Flat 2, Express Wharf 3, London is the 232nd largest and the 301st most expensive property on the street.
When compared to the postcode district it is £264k less expensive than the average property in E14.
Flat 2, Express Wharf 3, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Nov 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 2, Express Wharf 3, London is Heron Quays station which is 600 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, Express Wharf 3, London, 74.2% of property is socially rented and 12.1% is shared ownership.
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, Express Wharf 3, London, 27.4% of residents are recorded as possessing school level qualifications and 33.8% 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, Express Wharf 3, London, the average age was 32.5 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, Express Wharf 3, London, 0.6% 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, Express Wharf 3, 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.