According to the public record, Flat 3603, Hobart Building 2, London is a modern apartment with 1,044 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Hobart Building, Wards Place, London, E14.
Wards Place, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 3603, Hobart Building 2, London has no records in the Land Registry database and a single entry in the EPC database dated August 2020.
We combine this information with public data 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 3603 Hobart Building 2 London as £1,218,149 and the rental value as £4,761 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of Flat 3603 Hobart Building 2 London has increased by £41,553 (3.4%) and its rental value has increased by £170 per month (3.6%).
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 3603, Hobart Building 2, London is in very good condition we estimate a sale value of £1,279,056 and rental value of £4,999 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,132,879 and a rental value of £4,428 per month.
If you were able to purchase this property for the estimated value of £1,218,149, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £5,987 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3603, Hobart Building 2, London within a radius of 210 metres over the last 2 years.
The most recent example is Flat 3703, Bagshaw Building 1, Wards Place, London, E14 9ED, a Leasehold flat which sold for £1,150,000 in May 2024.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let of a property similar to Flat 3603, Hobart Building 2, London within a radius of 210 metres over the last 2 years.
Most recently Flat 3502, Hobart Building 2, Wards Place, London, E14 9TZ, a Leasehold flat let by London Property Management in Apr 2021.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wards Place, London, E14 has a total of 677 addresses. According to our analysis of all the public data, Flat 3603, Hobart Building 2, London is the 115th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £734k more expensive than the average property in E14.
Flat 3603, Hobart Building 2, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Aug 2020.
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 3603, Hobart Building 2, London is Heron Quays 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 3603, Hobart Building 2, London, 80.3% of property is privately rented and 13.4% 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 3603, Hobart Building 2, London, 21.5% of residents are recorded as possessing school level qualifications and 66.5% 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 3603, Hobart Building 2, London, the average age was 32.5 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 3603, Hobart Building 2, London, 0.7% 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 3603, Hobart Building 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.