According to the public record, Flat 40, Taffrail House, London is a modern leasehold apartment with 1,033 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Taffrail House, Burrells Wharf Square, London, E14.
Burrells Wharf Square, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 40, Taffrail House, London has 51 entries in the Land Registry database, most recently in September 2018 and a single entry in the EPC database dated April 2018.
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 40 Taffrail House London as £563,061 and the rental value as £2,964 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 40 Taffrail House London has increased by £3,469 (0.6%) and its rental value has increased by £123 per month (4.1%).
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 40, Taffrail House, London is in very good condition we estimate a sale value of £591,214 and rental value of £3,113 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £523,647 and a rental value of £2,757 per month.
If you were able to purchase this property for the estimated value of £563,061, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,767 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 40, Taffrail House, London was last sold on 28 Sep 2018 for £590,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Sep 2018, the market for similar properties has dropped 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 40, Taffrail House, London within a radius of 320 metres over the last 2 years.
The most recent example is 83, Langbourne Place, London, E14 3WN, a Leasehold flat which sold for £750,000 in Apr 2023.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Burrells Wharf Square, London, E14 has a total of 348 addresses. According to our analysis of all the public data, Flat 40, Taffrail House, London is the 31st largest and the 31st most expensive property on the street.
When compared to the postcode district it is £79k more expensive than the average property in E14.
Flat 40, Taffrail House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Apr 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 40, Taffrail House, London is Mudchute station which is 500 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 40, Taffrail House, London, 51.5% of property is privately rented and 28.8% 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 40, Taffrail House, London, 5.8% of residents are recorded as possessing school level qualifications and 78.4% 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 40, Taffrail House, London, the average age was 32.8 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 40, Taffrail House, London, 1.7% 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 40, Taffrail House, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.