According to the public record, Flat 3, 42, Pancras Way, London is a modern leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 42, Pancras Way, London, E3.
Pancras Way, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 3, 42, Pancras Way, London has a single entry in the Land Registry database from March 2015 and a single entry in the EPC database dated July 2014.
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 3 42 Pancras Way London as £163,629 and the rental value as £999 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of Flat 3 42 Pancras Way London has decreased by £265 (0.2%) and its rental value has increased by £33 per month (3.3%).
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 3, 42, Pancras Way, London is in very good condition we estimate a sale value of £171,811 and rental value of £1,049 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £152,175 and a rental value of £929 per month.
If you were able to purchase this property for the estimated value of £163,629, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £804 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 3, 42, Pancras Way, London was last sold on 13 Mar 2015 for £87,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2015, the market for similar properties has risen 6.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 42, Pancras Way, London within a radius of 280 metres over the last 2 years.
The most recent example is Flat 8, Match Court 5, Blondin Street, London, E3 2UU, a Leasehold flat which sold for £106,250 in Jan 2024.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets within a 280 metres radius of Flat 3, 42, Pancras Way, London over the last 2 years.
Most recently Flat 2, 31, Douro Street, London, E3 2TS, a Leasehold flat let by London Property Management in Aug 2021.
Pancras Way, London, E3 has a total of 241 addresses. According to our analysis of all the public data, Flat 3, 42, Pancras Way, London is the 174th largest and the 238th most expensive property on the street.
When compared to the postcode district it is £276k less expensive than the average property in E3.
Flat 3, 42, Pancras Way, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jul 2014.
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 3, 42, Pancras Way, London is Bow Church station which is 700 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 3, 42, Pancras Way, London, 34.4% of property is privately rented and 28.7% 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 3, 42, Pancras Way, London, 21.6% of residents are recorded as possessing school level qualifications and 53.2% 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 3, 42, Pancras Way, 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 3, 42, Pancras Way, London, 0.0% 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 3, 42, Pancras Way, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.