According to the public record, Flat 4, Gorsefield House, London is a mid-century apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Gorsefield House, East India Dock Road, London, E14.
East India Dock Road, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 4, Gorsefield House, London has no records in the Land Registry database and a single entry in the EPC database dated July 2014.
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 reasonable condition, we estimate the current sale value for Flat 4 Gorsefield House London as £249,294 and the rental value as £1,332 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 4 Gorsefield House London has increased by £872 (0.3%) and its rental value has increased by £25 per month (1.8%).
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, Gorsefield House, London is in very good condition we estimate a sale value of £261,759 and rental value of £1,398 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £231,844 and a rental value of £1,238 per month.
If you were able to purchase this property for the estimated value of £249,294, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,225 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 4, Gorsefield House, London within a radius of 290 metres over the last 2 years.
The most recent example is 63, Gough Walk, London, E14 6HN, a Leasehold flat which sold for £275,000 in Apr 2022.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
East India Dock Road, London, E14 has a total of 592 addresses. According to our analysis of all the public data, Flat 4, Gorsefield House, London is the 170th largest and the 462nd most expensive property on the street.
When compared to the postcode district it is £235k less expensive than the average property in E14.
Flat 4, Gorsefield House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jul 2014.
The property is connected to mains gas and has full secondary glazing. It is heated using a boiler and radiators.
The closest station to Flat 4, Gorsefield House, London is Westferry station which is 300 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, Gorsefield House, London, 60.7% of property is socially rented and 23.8% 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, Gorsefield House, London, 28.7% 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 4, Gorsefield House, London, the average age was 31.2 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 4, Gorsefield House, London, 1.8% 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, Gorsefield House, 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.