According to the public record, Flat 302, Matchstick Apartments 115, London is a modern leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Matchstick Apartments, Fairfield Road, London, E3.
Fairfield Road, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 302, Matchstick Apartments 115, London has 2 entries in the Land Registry database, most recently in March 2022 and a single entry in the EPC database dated November 2017.
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 302 Matchstick Apartments 115 London as £427,385 and the rental value as £2,356 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 302 Matchstick Apartments 115 London has decreased by £8,674 (2.0%) and its rental value has increased by £49 per month (2.1%).
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 302, Matchstick Apartments 115, London is in very good condition we estimate a sale value of £448,754 and rental value of £2,474 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £397,468 and a rental value of £2,192 per month.
If you were able to purchase this property for the estimated value of £427,385, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,100 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 302, Matchstick Apartments 115, London was last sold on 28 Mar 2022 for £525,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2022, the market for similar properties has dropped 3.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 302, Matchstick Apartments 115, London within a radius of 220 metres over the last 2 years.
The most recent example is 2, Eastside Mews, London, E3 2GU, a Leasehold flat which sold for £400,000 in Jul 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 220 metres radius of Flat 302, Matchstick Apartments 115, 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.
Fairfield Road, London, E3 has a total of 1009 addresses. According to our analysis of all the public data, Flat 302, Matchstick Apartments 115, London is the 385th largest and the 409th most expensive property on the street.
When compared to the postcode district it is £13k less expensive than the average property in E3.
Flat 302, Matchstick Apartments 115, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Nov 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 302, Matchstick Apartments 115, London is Bow Church 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 302, Matchstick Apartments 115, London, 79.1% of property is socially rented and 10.5% 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 302, Matchstick Apartments 115, London, 14.8% of residents are recorded as possessing school level qualifications and 28.9% 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 302, Matchstick Apartments 115, London, the average age was 32.7 and the most common age was 27.
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 302, Matchstick Apartments 115, London, 1.0% 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 302, Matchstick Apartments 115, 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.