According to the public record, Flat 22, Fairlead House, London is a modern leasehold apartment with 665 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Fairlead House, Cassilis Road, London, E14.
Cassilis Road, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 22, Fairlead House, London has a single entry in the Land Registry database from April 2019 and a single entry in the EPC database dated November 2008.
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 22 Fairlead House London as £400,875 and the rental value as £2,141 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 22 Fairlead House London has increased by £5,215 (1.3%) and its rental value has increased by £30 per month (1.4%).
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 22, Fairlead House, London is in very good condition we estimate a sale value of £420,919 and rental value of £2,249 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £372,814 and a rental value of £1,992 per month.
If you were able to purchase this property for the estimated value of £400,875, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,970 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 22, Fairlead House, London was last sold on 24 Apr 2019 for £180,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2019, the market for similar properties has dropped 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 22, Fairlead House, London within a radius of 210 metres over the last 2 years.
The most recent example is Flat 38, Lowry House, Cassilis Road, London, E14 9LL, a Leasehold flat which sold for £382,500 in Aug 2023.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cassilis Road, London, E14 has a total of 616 addresses. According to our analysis of all the public data, Flat 22, Fairlead House, London is the 228th largest and the 301st most expensive property on the street.
When compared to the postcode district it is £84k less expensive than the average property in E14.
Flat 22, Fairlead House, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Nov 2008.
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 22, Fairlead House, London is South Quay station which is 500 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 22, Fairlead House, London, 44.2% of property is socially rented and 21.2% 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 22, Fairlead House, London, 31.3% of residents are recorded as possessing school level qualifications and 48.9% 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 22, Fairlead House, London, the average age was 30.8 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 22, Fairlead House, London, 1.7% 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 22, Fairlead House, 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.