According to the public record, Flat 42, Elektron Tower 12, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 738 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Elektron Tower, Blackwall Way, London, E14.
Blackwall Way, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 42, Elektron Tower 12, London has 2 entries in the Land Registry database, most recently in September 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 42 Elektron Tower 12 London as £454,927 and the rental value as £2,387 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 42 Elektron Tower 12 London has increased by £3,783 (0.8%) and its rental value has increased by £26 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 42, Elektron Tower 12, London is in very good condition we estimate a sale value of £477,674 and rental value of £2,507 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £423,082 and a rental value of £2,220 per month.
If you were able to purchase this property for the estimated value of £454,927, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,236 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 42, Elektron Tower 12, London was last sold on 30 Sep 2014 for £420,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2014, the market for similar properties has risen 8.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 42, Elektron Tower 12, London within a radius of 350 metres over the last 2 years.
The most recent example is Flat 377, Neutron Tower 6, Blackwall Way, London, E14 9GT, a Leasehold flat which sold for £495,000 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 within a 350 metres radius of Flat 42, Elektron Tower 12, London over the last 2 years.
Most recently Flat 1906, Avalon Point 1, Silvocea Way, London, E14 0TZ, a Leasehold flat let by Saint Andrews Bureau in Jun 2023.
Blackwall Way, London, E14 has a total of 765 addresses. According to our analysis of all the public data, Flat 42, Elektron Tower 12, London is the 313th largest and the 237th most expensive property on the street.
When compared to the postcode district it is £30k less expensive than the average property in E14.
The closest station to Flat 42, Elektron Tower 12, London is East India station which is 100 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 42, Elektron Tower 12, London, 59.0% of property is privately rented and 20.5% 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 42, Elektron Tower 12, London, 12.0% of residents are recorded as possessing school level qualifications and 82.0% 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 42, Elektron Tower 12, London, the average age was 37.5 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 42, Elektron Tower 12, London, 2.3% 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 42, Elektron Tower 12, 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.