According to the public record, Flat 4, Fathom Court 24, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 691 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Fathom Court, Stepney Causeway, London, E1.
Stepney Causeway, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 4, Fathom Court 24, London has a single entry in the Land Registry database from February 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 4 Fathom Court 24 London as £419,261 and the rental value as £2,500 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of Flat 4 Fathom Court 24 London has decreased by £3,812 (0.9%) and its rental value has increased by £101 per month (4.0%).
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 4, Fathom Court 24, London is in very good condition we estimate a sale value of £440,224 and rental value of £2,625 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £389,913 and a rental value of £2,325 per month.
If you were able to purchase this property for the estimated value of £419,261, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,061 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 4, Fathom Court 24, London was last sold on 20 Feb 2014 for £365,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2014, the market for similar properties has risen 11.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, Fathom Court 24, London within a radius of 260 metres over the last 2 years.
The most recent example is Flat 2, Campania Building 1, Jardine Road, London, E1W 3WD, a Leasehold flat which sold for £371,000 in Jun 2023.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stepney Causeway, London, E1 has a total of 62 addresses. According to our analysis of all the public data, Flat 4, Fathom Court 24, London is the 27th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £102k less expensive than the average property in E1.
The closest station to Flat 4, Fathom Court 24, London is Limehouse station which is 400 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 4, Fathom Court 24, London, 53.7% of property is socially rented and 29.9% 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 4, Fathom Court 24, London, 28.2% of residents are recorded as possessing school level qualifications and 34.5% 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 4, Fathom Court 24, London, the average age was 32.1 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 4, Fathom Court 24, 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 4, Fathom Court 24, 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.