According to the public record, Flat 23, Free Trade Wharf 340, London is a modern leasehold apartment with 1,054 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Free Trade Wharf, The Highway, London, E1.
The Highway, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 23, Free Trade Wharf 340, London has a single entry in the Land Registry database from June 2008 and a single entry in the EPC database dated July 2022.
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 23 Free Trade Wharf 340 London as £680,614 and the rental value as £3,477 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 23 Free Trade Wharf 340 London has decreased by £9,680 (1.4%) and its rental value has increased by £121 per month (3.5%).
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 23, Free Trade Wharf 340, London is in very good condition we estimate a sale value of £714,645 and rental value of £3,651 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £632,971 and a rental value of £3,234 per month.
If you were able to purchase this property for the estimated value of £680,614, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,345 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 23, Free Trade Wharf 340, London was last sold on 30 Jun 2008 for £615,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2008, the market for similar properties has risen 49.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 23, Free Trade Wharf 340, London within a radius of 350 metres over the last 2 years.
The most recent example is Flat 36, Free Trade Wharf 340, The Highway, London, E1W 3ES, a Leasehold flat which sold for £732,500 in Aug 2023.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Highway, London, E1 has a total of 479 addresses. According to our analysis of all the public data, Flat 23, Free Trade Wharf 340, London is the 107th largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £159k more expensive than the average property in E1.
Flat 23, Free Trade Wharf 340, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Jul 2022.
The property is connected to mains gas and has multiple glazing throughout. It is heated using Boiler and radiators, mains gas, Electric underfloor heating.
The closest station to Flat 23, Free Trade Wharf 340, London is Limehouse 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 23, Free Trade Wharf 340, London, 44.4% of property is privately rented and 27.1% 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 23, Free Trade Wharf 340, London, 9.7% of residents are recorded as possessing school level qualifications and 73.4% 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 23, Free Trade Wharf 340, London, the average age was 32.1 and the most common age was 32.
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 23, Free Trade Wharf 340, London, 3.9% 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 23, Free Trade Wharf 340, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.