According to the public record, Flat 42, Hackworth Point 4, London is a mid-century leasehold apartment with 558 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Hackworth Point, Rainhill Way, London, E3.
Rainhill Way, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 42, Hackworth Point 4, London has a single entry in the Land Registry database from October 2007 and a single entry in the EPC database dated February 2012.
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 42 Hackworth Point 4 London as £167,861 and the rental value as £1,026 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of Flat 42 Hackworth Point 4 London has decreased by £2,713 (1.6%) and its rental value has increased by £26 per month (2.5%).
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, Hackworth Point 4, London is in very good condition we estimate a sale value of £176,254 and rental value of £1,077 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £156,111 and a rental value of £954 per month.
If you were able to purchase this property for the estimated value of £167,861, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £825 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, Hackworth Point 4, London was last sold on 29 Oct 2007 for £123,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2007, the market for similar properties has risen 39.4%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to Flat 42, Hackworth Point 4, London within a radius of 280 metres over the last 2 years.
The most recent example is Flat 14, Hackworth Point 4, Rainhill Way, London, E3 3GZ, a Leasehold flat which sold for £112,750 in Jun 2007.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rainhill Way, London, E3 has a total of 609 addresses. According to our analysis of all the public data, Flat 42, Hackworth Point 4, London is the 438th largest and the 585th most expensive property on the street.
When compared to the postcode district it is £272k less expensive than the average property in E3.
Flat 42, Hackworth Point 4, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Feb 2012.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 42, Hackworth Point 4, London is Bow Church station which is 200 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, Hackworth Point 4, London, 88.7% of property is socially rented and 5.4% 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 42, Hackworth Point 4, London, 32.2% of residents are recorded as possessing school level qualifications and 29.5% 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 42, Hackworth Point 4, London, the average age was 31.1 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 42, Hackworth Point 4, 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 42, Hackworth Point 4, 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.