According to the public record, Flat 34, Compass Point 5, London is a modern leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Compass Point, Grenade Street, London, E14.
Grenade Street, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 34, Compass Point 5, London has 31 entries in the Land Registry database, most recently in November 2013 and a single entry in the EPC database dated June 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 34 Compass Point 5 London as £324,540 and the rental value as £1,720 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 34 Compass Point 5 London has increased by £3,850 (1.2%) and its rental value has increased by £40 per month (2.3%).
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 34, Compass Point 5, London is in very good condition we estimate a sale value of £340,767 and rental value of £1,806 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £301,822 and a rental value of £1,600 per month.
If you were able to purchase this property for the estimated value of £324,540, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,595 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 34, Compass Point 5, London was last sold on 19 Nov 2013 for £170,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2013, the market for similar properties has risen 24.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 34, Compass Point 5, London within a radius of 300 metres over the last 2 years.
The most recent example is 11, Rich Street, London, E14 8AL, a Leasehold flat which sold for £320,000 in Aug 2022.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Grenade Street, London, E14 has a total of 60 addresses. According to our analysis of all the public data, Flat 34, Compass Point 5, London is the 58th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £160k less expensive than the average property in E14.
Flat 34, Compass Point 5, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jun 2015.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 34, Compass Point 5, London is Westferry station which is 200 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 34, Compass Point 5, London, 59.3% of property is privately rented and 16.9% 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 34, Compass Point 5, London, 11.3% of residents are recorded as possessing school level qualifications and 65.1% 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 34, Compass Point 5, London, the average age was 32.3 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 34, Compass Point 5, London, 0.3% 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 34, Compass Point 5, 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.