According to the public record, Flat 42, Newcourt House, London is a early-century leasehold apartment and with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Newcourt House, Pott Street, London, E2.
Pott Street, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
Flat 42, Newcourt House, London has 2 entries in the Land Registry database, most recently in July 2010 and 2 entries in the EPC database, most recently in February 2021.
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 Newcourt House London as £284,391 and the rental value as £1,581 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 42 Newcourt House London has increased by £1,811 (0.6%) and its rental value has increased by £71 per month (4.5%).
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, Newcourt House, London is in very good condition we estimate a sale value of £298,611 and rental value of £1,660 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £264,484 and a rental value of £1,470 per month.
If you were able to purchase this property for the estimated value of £284,391, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,398 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, Newcourt House, London was last sold on 29 Jul 2010 for £175,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2010, the market for similar properties has risen 66.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 42, Newcourt House, London within a radius of 0m over the last 2 years.
The most recent example is Flat 28, Newcourt House, Pott Street, London, E2 0EG, a Leasehold flat which sold for £282,000 in Oct 2020.
Read more about house prices in E2.
Pott Street, London, E2 has a total of 112 addresses. According to our analysis of all the public data, Flat 42, Newcourt House, London is the 103rd largest and the 107th most expensive property on the street.
When compared to the postcode district it is £227k less expensive than the average property in E2.
Flat 42, Newcourt House, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Feb 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 42, Newcourt House, London is Bethnal Green station which is 200 m 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, Newcourt House, London, 47.4% of property is socially rented and 31.9% 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, Newcourt House, London, 22.9% of residents are recorded as possessing school level qualifications and 31.5% 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, Newcourt House, London, the average age was 31.3 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, Newcourt House, London, 0.6% 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, Newcourt House, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.