According to the public record, Flat 302, Nariad House 2, London is a modern leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Nariad House, Guglielmo Marconi Mews, London, E3.
Guglielmo Marconi Mews, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 302, Nariad House 2, London has a single entry in the Land Registry database from July 2014 and a single entry in the EPC database dated April 2014.
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 Nariad House 2 London as £413,418 and the rental value as £2,395 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of Flat 302 Nariad House 2 London has decreased by £6,958 (1.7%) and its rental value has increased by £58 per month (2.4%).
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, Nariad House 2, London is in very good condition we estimate a sale value of £434,089 and rental value of £2,515 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £384,479 and a rental value of £2,228 per month.
If you were able to purchase this property for the estimated value of £413,418, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,032 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, Nariad House 2, London was last sold on 09 Jul 2014 for £329,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2014, the market for similar properties has risen 11.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 302, Nariad House 2, London within a radius of 250 metres over the last 2 years.
The most recent example is Flat 103, Robert Milligan House 47, Cardigan Road, London, E3 5FZ, a Leasehold flat which sold for £485,000 in Dec 2023.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Guglielmo Marconi Mews, London, E3 has a total of 12 addresses. According to our analysis of all the public data, Flat 302, Nariad House 2, London is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £26k less expensive than the average property in E3.
Flat 302, Nariad House 2, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Apr 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 302, Nariad House 2, London is Bow Road station which is 700 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, Nariad House 2, London, 42.3% of property is privately rented and 39.0% is socially rented.
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, Nariad House 2, London, 20.5% of residents are recorded as possessing school level qualifications and 41.6% 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, Nariad House 2, London, the average age was 33.6 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 302, Nariad House 2, 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 302, Nariad House 2, 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.