According to the public record, Flat 402, 35, Indescon Square, London is a modern leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in 35, Indescon Square, London, E14.
Indescon Square, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 402, 35, Indescon Square, London has 3 entries in the Land Registry database, most recently in October 2023 and a single entry in the EPC database dated February 2023.
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 402 35 Indescon Square London as £369,568 and the rental value as £1,835 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 402 35 Indescon Square London has increased by £3,912 (1.1%) and its rental value has increased by £21 per month (1.1%).
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 402, 35, Indescon Square, London is in very good condition we estimate a sale value of £388,046 and rental value of £1,927 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £343,698 and a rental value of £1,706 per month.
If you were able to purchase this property for the estimated value of £369,568, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,816 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 402, 35, Indescon Square, London was last sold on 23 Oct 2023 for £390,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2023, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 402, 35, Indescon Square, London within a radius of 120 metres over the last 2 years.
The most recent example is Apartment 603, Duckman Tower 3, Lincoln Plaza, London, E14 9BL, a Leasehold flat which sold for £388,000 in Mar 2024.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Indescon Square, London, E14 has a total of 329 addresses. According to our analysis of all the public data, Flat 402, 35, Indescon Square, London is the 155th largest and the 152nd most expensive property on the street.
When compared to the postcode district it is £115k less expensive than the average property in E14.
Flat 402, 35, Indescon Square, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Feb 2023.
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 402, 35, Indescon Square, London is South Quay 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 402, 35, Indescon Square, London, 58.8% of property is socially rented and 24.4% 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 402, 35, Indescon Square, London, 26.0% of residents are recorded as possessing school level qualifications and 29.0% 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 402, 35, Indescon Square, London, the average age was 30.8 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 402, 35, Indescon Square, London, 1.0% 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 402, 35, Indescon Square, 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.