According to the public record, Flat 29, 17, Nelson Walk, London is a modern leasehold apartment with 802 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony and roof terrace.
The apartment is in 17, Nelson Walk, London, E3.
Nelson Walk, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 29, 17, Nelson Walk, London has 3 entries in the Land Registry database, most recently in September 2020 and a single entry in the EPC database dated February 2011.
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 29 17 Nelson Walk London as £506,354 and the rental value as £2,713 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 29 17 Nelson Walk London has decreased by £9,042 (1.8%) and its rental value has increased by £57 per month (2.1%).
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 29, 17, Nelson Walk, London is in very good condition we estimate a sale value of £531,672 and rental value of £2,849 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £470,910 and a rental value of £2,523 per month.
If you were able to purchase this property for the estimated value of £506,354, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,489 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 29, 17, Nelson Walk, London was last sold on 11 Sep 2020 for £525,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Sep 2020, the market for similar properties has dropped 3.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 29, 17, Nelson Walk, London within a radius of 250 metres over the last 2 years.
The most recent example is Flat 24, 24, Truman Walk, London, E3 3GN, a Leasehold flat which sold for £492,500 in Sep 2020.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Nelson Walk, London, E3 has a total of 179 addresses. According to our analysis of all the public data, Flat 29, 17, Nelson Walk, London is the 58th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £66k more expensive than the average property in E3.
Flat 29, 17, Nelson Walk, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Feb 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme with CHP, mains gas.
The closest station to Flat 29, 17, Nelson Walk, London is Bromley-by-Bow station which is 200 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 29, 17, Nelson Walk, London, 51.3% of property is socially rented and 34.9% 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 29, 17, Nelson Walk, London, 22.1% of residents are recorded as possessing school level qualifications and 40.1% 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 29, 17, Nelson Walk, London, the average age was 31.1 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 29, 17, Nelson Walk, London, 0.3% 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 29, 17, Nelson Walk, 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.