According to the public record, Flat 3, Elektron Tower 12, London is a modern leasehold apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Elektron Tower, Blackwall Way, London, E14.
Blackwall Way, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 3, Elektron Tower 12, London has a single entry in the Land Registry database from June 2008 and a single entry in the EPC database dated January 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 3 Elektron Tower 12 London as £480,188 and the rental value as £2,501 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 3 Elektron Tower 12 London has increased by £3,993 (0.8%) and its rental value has increased by £27 per month (1.1%).
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 3, Elektron Tower 12, London is in very good condition we estimate a sale value of £504,197 and rental value of £2,626 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £446,575 and a rental value of £2,326 per month.
If you were able to purchase this property for the estimated value of £480,188, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,360 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, Elektron Tower 12, London was last sold on 20 Jun 2008 for £319,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2008, the market for similar properties has risen 40.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Elektron Tower 12, London within a radius of 350 metres over the last 2 years.
The most recent example is Flat 377, Neutron Tower 6, Blackwall Way, London, E14 9GT, a Leasehold flat which sold for £495,000 in May 2024.
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 350 metres radius of Flat 3, Elektron Tower 12, London over the last 2 years.
Most recently Flat 1906, Avalon Point 1, Silvocea Way, London, E14 0TZ, a Leasehold flat let by Saint Andrews Bureau in Jun 2023.
Blackwall Way, London, E14 has a total of 765 addresses. According to our analysis of all the public data, Flat 3, Elektron Tower 12, London is the 177th largest and the 144th most expensive property on the street.
When compared to the postcode district it is £4k less expensive than the average property in E14.
Flat 3, Elektron Tower 12, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Jan 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 3, Elektron Tower 12, London is East India 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 3, Elektron Tower 12, London, 59.0% of property is privately rented and 20.5% 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 3, Elektron Tower 12, London, 12.0% of residents are recorded as possessing school level qualifications and 82.0% 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, Elektron Tower 12, 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, Elektron Tower 12, London, 2.3% 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, Elektron Tower 12, 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.