According to the public record, Flat 22, Gainsborough House, London is a modern leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Gainsborough House, Cassilis Road, London, E14.
Cassilis Road, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 22, Gainsborough House, London has 21 entries in the Land Registry database, most recently in February 2008 and a single entry in the EPC database dated June 2019.
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 Gainsborough House London as £424,166 and the rental value as £2,202 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 22 Gainsborough House London has increased by £4,058 (1.0%) and its rental value has increased by £23 per month (1.0%).
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 22, Gainsborough House, London is in very good condition we estimate a sale value of £445,375 and rental value of £2,312 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £394,475 and a rental value of £2,047 per month.
If you were able to purchase this property for the estimated value of £424,166, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,085 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, Gainsborough House, London was last sold on 15 Feb 2008 for £308,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2008, the market for similar properties has risen 33.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 22, Gainsborough House, London within a radius of 150 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, Gainsborough House, London is the 284th largest and the 270th most expensive property on the street.
When compared to the postcode district it is £60k less expensive than the average property in E14.
Flat 22, Gainsborough House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jun 2019.
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, Gainsborough House, London is South Quay 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 22, Gainsborough House, London, 62.5% of property is privately rented and 25.0% 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 22, Gainsborough House, London, 11.9% of residents are recorded as possessing school level qualifications and 91.3% 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, Gainsborough 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, Gainsborough House, London, 0.4% 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, Gainsborough House, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.