According to the public record, Flat 3, Port House 5, London is a modern leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Port House, Burrells Wharf Square, London, E14.
Burrells Wharf Square, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 3, Port House 5, London has 3 entries in the Land Registry database, most recently in July 2019 and a single entry in the EPC database dated August 2021.
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 Port House 5 London as £476,845 and the rental value as £2,530 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 3 Port House 5 London has decreased by £1,079 (0.2%) and its rental value has increased by £83 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, Port House 5, London is in very good condition we estimate a sale value of £500,688 and rental value of £2,656 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £443,466 and a rental value of £2,353 per month.
If you were able to purchase this property for the estimated value of £476,845, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,344 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, Port House 5, London was last sold on 26 Jul 2019 for £470,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jul 2019, the market for similar properties has dropped 3.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Port House 5, London within a radius of 320 metres over the last 2 years.
The most recent example is Flat 212, Chart House 6, Burrells Wharf Square, London, E14 3TN, a Leasehold flat which sold for £480,000 in Aug 2022.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burrells Wharf Square, London, E14 has a total of 348 addresses. According to our analysis of all the public data, Flat 3, Port House 5, London is the 130th largest and the 119th most expensive property on the street.
When compared to the postcode district it is £8k less expensive than the average property in E14.
Flat 3, Port House 5, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Aug 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 3, Port House 5, London is Mudchute station which is 500 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, Port House 5, London, 53.8% of property is privately rented and 29.4% 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, Port House 5, London, 18.4% of residents are recorded as possessing school level qualifications and 69.1% 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 3, Port House 5, London, the average age was 32.8 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, Port House 5, London, 1.5% 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, Port House 5, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.