According to the public record, Flat 5, Rodney House, London is a early-century leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Rodney House, Cahir Street, London, E14.
Cahir Street, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 5, Rodney House, London has a single entry in the Land Registry database from September 2018 and a single entry in the EPC database dated April 2017.
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 5 Rodney House London as £328,670 and the rental value as £1,767 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 5 Rodney House London has decreased by £1,042 (0.3%) and its rental value has increased by £55 per month (3.1%).
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 5, Rodney House, London is in very good condition we estimate a sale value of £345,103 and rental value of £1,856 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £305,663 and a rental value of £1,643 per month.
If you were able to purchase this property for the estimated value of £328,670, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,615 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 5, Rodney House, London was last sold on 24 Sep 2018 for £337,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2018, the market for similar properties has dropped 2.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Rodney House, London within a radius of 270 metres over the last 2 years.
The most recent example is Flat 24, 35, Sherwood Gardens, London, E14 9GA, a Leasehold flat which sold for £319,000 in Sep 2023.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cahir Street, London, E14 has a total of 183 addresses. According to our analysis of all the public data, Flat 5, Rodney House, London is the 143rd largest and the 125th most expensive property on the street.
When compared to the postcode district it is £156k less expensive than the average property in E14.
Flat 5, Rodney House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Apr 2017.
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 5, Rodney House, London is Mudchute 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 5, Rodney House, London, 74.2% of property is socially rented and 16.5% 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 5, Rodney House, London, 15.6% of residents are recorded as possessing school level qualifications and 30.6% 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 5, Rodney 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 5, Rodney 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 5, Rodney 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.