According to the public record, Flat 3, 9, Prime Meridian Walk, London is a modern leasehold apartment with 1,011 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 9, Prime Meridian Walk, London, E14.
Prime Meridian Walk, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 3, 9, Prime Meridian Walk, London has 2 entries in the Land Registry database, most recently in February 2019 and a single entry in the EPC database dated June 2018.
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 9 Prime Meridian Walk London as £486,720 and the rental value as £2,570 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 3 9 Prime Meridian Walk London has increased by £8,095 (1.7%) and its rental value has increased by £58 per month (2.3%).
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, 9, Prime Meridian Walk, London is in very good condition we estimate a sale value of £511,056 and rental value of £2,698 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £452,650 and a rental value of £2,390 per month.
If you were able to purchase this property for the estimated value of £486,720, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,392 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, 9, Prime Meridian Walk, London was last sold on 22 Feb 2019 for £547,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2019, the market for similar properties has dropped 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 9, Prime Meridian Walk, London within a radius of 320 metres over the last 2 years.
The most recent example is Flat 15, Wingfield Court 4, Newport Avenue, London, E14 2DR, a Leasehold flat which sold for £429,000 in Apr 2022.
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 3 lets within a 320 metres radius of Flat 3, 9, Prime Meridian Walk, London over the last 2 years.
Most recently Flat 501, Ontario Tower 4, Fairmont Avenue, London, E14 9JA, a Leasehold flat let by London Property Management in Apr 2022.
Prime Meridian Walk, London, E14 has a total of 122 addresses. According to our analysis of all the public data, Flat 3, 9, Prime Meridian Walk, London is the 6th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £2k more expensive than the average property in E14.
Flat 3, 9, Prime Meridian Walk, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Jun 2018.
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, 9, Prime Meridian Walk, London is East India station which is 300 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, 9, Prime Meridian Walk, London, 58.6% of property is privately rented and 23.1% 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 3, 9, Prime Meridian Walk, London, 13.6% of residents are recorded as possessing school level qualifications and 78.2% 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, 9, Prime Meridian Walk, 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 3, 9, Prime Meridian 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 3, 9, Prime Meridian Walk, 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.