According to the public record, Flat 3, Luralda Wharf 40, London is a modern leasehold apartment with 753 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Luralda Wharf, Saunders Ness Road, London, E14.
Saunders Ness Road, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 3, Luralda Wharf 40, London has 31 entries in the Land Registry database, most recently in March 2022 and a single entry in the EPC database dated April 2015.
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 Luralda Wharf 40 London as £468,353 and the rental value as £2,475 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 3 Luralda Wharf 40 London has decreased by £1,288 (0.3%) and its rental value has increased by £127 per month (5.1%).
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, Luralda Wharf 40, London is in very good condition we estimate a sale value of £491,771 and rental value of £2,599 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £435,568 and a rental value of £2,302 per month.
If you were able to purchase this property for the estimated value of £468,353, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,302 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, Luralda Wharf 40, London was last sold on 14 Mar 2022 for £499,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2022, the market for similar properties has dropped 3.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Luralda Wharf 40, London within a radius of 490 metres over the last 2 years.
The most recent example is Flat 26, Luralda Wharf 40, Saunders Ness Road, London, E14 3BY, a Leasehold flat which sold for £460,000 in Sep 2023.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Saunders Ness Road, London, E14 has a total of 116 addresses. According to our analysis of all the public data, Flat 3, Luralda Wharf 40, London is the 64th largest and the 75th most expensive property on the street.
When compared to the postcode district it is £16k less expensive than the average property in E14.
Flat 3, Luralda Wharf 40, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 10 Apr 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric ceiling heating.
The closest station to Flat 3, Luralda Wharf 40, London is Island Gardens 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, Luralda Wharf 40, London, 42.5% of property is privately rented and 26.2% 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, Luralda Wharf 40, London, 17.7% of residents are recorded as possessing school level qualifications and 66.8% 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, Luralda Wharf 40, London, the average age was 34.3 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, Luralda Wharf 40, 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 3, Luralda Wharf 40, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.