According to the public record, Flat 2401, Wharfside Point South 4, London is a modern leasehold apartment with 1,646 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Wharfside Point South, Prestons Road, London, E14.
Prestons Road, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 2401, Wharfside Point South 4, London has 2 entries in the Land Registry database, most recently in April 2014 and a single entry in the EPC database dated November 2013.
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 2401 Wharfside Point South 4 London as £730,434 and the rental value as £3,785 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 2401 Wharfside Point South 4 London has increased by £14,010 (1.9%) and its rental value has increased by £82 per month (2.2%).
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 2401, Wharfside Point South 4, London is in very good condition we estimate a sale value of £766,956 and rental value of £3,975 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £679,304 and a rental value of £3,520 per month.
If you were able to purchase this property for the estimated value of £730,434, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,590 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 2401, Wharfside Point South 4, London was last sold on 04 Apr 2014 for £1,000,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2014, the market for similar properties has risen 9.8%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 2401, Wharfside Point South 4, London within a radius of 320 metres over the last 2 years.
The most recent example is 6, Williamsburg Plaza, London, E14 9SX, a Leasehold flat which sold for £805,000 in Oct 2017.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 320 metres radius of Flat 2401, Wharfside Point South 4, London over the last 2 years.
Most recently 312, Boardwalk Place, London, E14 5SH, a Leasehold flat let by Saint Andrews Bureau in Apr 2022.
Prestons Road, London, E14 has a total of 250 addresses. According to our analysis of all the public data, Flat 2401, Wharfside Point South 4, London is the 6th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £246k more expensive than the average property in E14.
Flat 2401, Wharfside Point South 4, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Nov 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using elecric underfloor heating.
The closest station to Flat 2401, Wharfside Point South 4, London is Blackwall station which is 100 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 2401, Wharfside Point South 4, London, 63.7% of property is privately rented and 13.5% 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 2401, Wharfside Point South 4, London, 12.7% of residents are recorded as possessing school level qualifications and 74.7% 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 2401, Wharfside Point South 4, London, the average age was 37.5 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 2401, Wharfside Point South 4, London, 1.9% 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 2401, Wharfside Point South 4, 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.