According to the public record, Flat 302, Outfall Building 18, London is a modern leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Outfall Building, Bundocks Walk, London, E3.
Bundocks Walk, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 302, Outfall Building 18, London has a single entry in the Land Registry database from September 2021 and a single entry in the EPC database dated July 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 good condition, we estimate the current sale value for Flat 302 Outfall Building 18 London as £438,318 and the rental value as £2,144 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 302 Outfall Building 18 London has decreased by £2,728 (0.6%) and its rental value has increased by £69 per month (3.2%).
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, Outfall Building 18, London is in very good condition we estimate a sale value of £460,234 and rental value of £2,251 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £407,636 and a rental value of £1,993 per month.
If you were able to purchase this property for the estimated value of £438,318, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,154 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, Outfall Building 18, London was last sold on 20 Sep 2021 for £444,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2021, the market for similar properties has risen 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 302, Outfall Building 18, London within a radius of 380 metres over the last 2 years.
The most recent example is Flat 201, Outfall Building 18, Bundocks Walk, London, E3 2PB, a Leasehold flat which sold for £441,000 in May 2022.
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 1 let within a 380 metres radius of Flat 302, Outfall Building 18, London over the last 2 years.
Most recently Flat 201, Ink Court 419, Wick Lane, London, E3 2PX, a Leasehold flat let by Saint Andrews Bureau in Feb 2023.
Bundocks Walk, London, E3 has a total of 60 addresses. According to our analysis of all the public data, Flat 302, Outfall Building 18, London is the 52nd largest and the 50th most expensive property on the street.
When compared to the postcode district it is £2k less expensive than the average property in E3.
Flat 302, Outfall Building 18, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Jul 2021.
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, Outfall Building 18, London is Pudding Mill Lane 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, Outfall Building 18, London, 34.7% of property is socially rented and 32.2% is privately 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, Outfall Building 18, London, 24.9% of residents are recorded as possessing school level qualifications and 55.1% 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 302, Outfall Building 18, 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, Outfall Building 18, London, 1.2% 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, Outfall Building 18, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.