According to the public record, Flat 2, Playfair House, London is a mid-century leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Playfair House, Saracen Street, London, E14.
Saracen Street, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 2, Playfair House, London has 31 entries in the Land Registry database, most recently in October 2015 and a single entry in the EPC database dated March 2020.
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 Playfair House London as £180,479 and the rental value as £970 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 2 Playfair House London has increased by £1,680 (0.9%) and its rental value has increased by £24 per month (2.4%).
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, Playfair House, London is in very good condition we estimate a sale value of £189,503 and rental value of £1,019 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £167,846 and a rental value of £902 per month.
If you were able to purchase this property for the estimated value of £180,479, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £887 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, Playfair House, London was last sold on 23 Oct 2015 for £185,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2015, the market for similar properties has dropped 2.7%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Flat 2, Playfair House, London within a radius of 270 metres over the last 2 years.
The most recent example is Flat 72, Thornfield House, Rosefield Gardens, London, E14 8EP, a Leasehold flat which sold for £100,000 in Nov 2008.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Saracen Street, London, E14 has a total of 114 addresses. According to our analysis of all the public data, Flat 2, Playfair House, London is the 73rd largest and the 110th most expensive property on the street.
When compared to the postcode district it is £304k less expensive than the average property in E14.
Flat 2, Playfair House, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Mar 2020.
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, Playfair House, London is Westferry 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 2, Playfair House, London, 60.7% of property is socially rented and 23.8% 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 2, Playfair House, London, 28.7% of residents are recorded as possessing school level qualifications and 41.6% 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, Playfair House, London, the average age was 31.2 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, Playfair House, London, 1.8% 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, Playfair 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.