According to the public record, Flat 28, Cruden House 33, London is a mid-century leasehold apartment with 828 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Cruden House, Vernon Road, London, E3.
Vernon Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 28, Cruden House 33, London has a single entry in the Land Registry database from June 2021 and a single entry in the EPC database dated November 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 28 Cruden House 33 London as £383,581 and the rental value as £2,402 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of Flat 28 Cruden House 33 London has decreased by £3,679 (1.0%) and its rental value has increased by £76 per month (3.2%).
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 28, Cruden House 33, London is in very good condition we estimate a sale value of £402,761 and rental value of £2,523 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £356,731 and a rental value of £2,234 per month.
If you were able to purchase this property for the estimated value of £383,581, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,885 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 28, Cruden House 33, London was last sold on 08 Jun 2021 for £375,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2021, the market for similar properties has dropped 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 28, Cruden House 33, London within a radius of 240 metres over the last 2 years.
The most recent example is Flat 26, Cruden House 33, Vernon Road, London, E3 5HE, a Leasehold flat which sold for £382,000 in Jan 2023.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Vernon Road, London, E3 has a total of 148 addresses. According to our analysis of all the public data, Flat 28, Cruden House 33, London is the 32nd largest and the 61st most expensive property on the street.
When compared to the postcode district it is £56k less expensive than the average property in E3.
Flat 28, Cruden House 33, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Nov 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 28, Cruden House 33, London is Bow Road 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 28, Cruden House 33, London, 42.3% of property is privately rented and 39.0% is socially 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 28, Cruden House 33, London, 20.5% 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 28, Cruden House 33, London, the average age was 33.6 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 28, Cruden House 33, London, 0.2% 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 28, Cruden House 33, 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.