According to the public record, Flat 502, Furlong Court 6, London is a modern leasehold apartment with 968 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Furlong Court, St. Pauls Way, London, E3.
St. Pauls Way, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 502, Furlong Court 6, London has 2 entries in the Land Registry database, most recently in February 2023 and a single entry in the EPC database dated October 2018.
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 502 Furlong Court 6 London as £588,240 and the rental value as £3,064 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 502 Furlong Court 6 London has decreased by £9,375 (1.6%) and its rental value has increased by £70 per month (2.3%).
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 502, Furlong Court 6, London is in very good condition we estimate a sale value of £617,652 and rental value of £3,217 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £547,063 and a rental value of £2,850 per month.
If you were able to purchase this property for the estimated value of £588,240, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,891 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 502, Furlong Court 6, London was last sold on 03 Feb 2023 for £605,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2023, the market for similar properties has dropped 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 502, Furlong Court 6, London within a radius of 300 metres over the last 2 years.
The most recent example is Flat 602, Cornhill House 36, St. Pauls Way, London, E3 4YH, a Leasehold flat which sold for £637,500 in Mar 2023.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
St. Pauls Way, London, E3 has a total of 226 addresses. According to our analysis of all the public data, Flat 502, Furlong Court 6, London is the 33rd largest and the 14th most expensive property on the street.
When compared to the postcode district it is £148k more expensive than the average property in E3.
Flat 502, Furlong Court 6, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Oct 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to Flat 502, Furlong Court 6, London is Limehouse station which is 900 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 502, Furlong Court 6, London, 70.4% of property is socially rented and 25.2% 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 502, Furlong Court 6, London, 33.4% of residents are recorded as possessing school level qualifications and 24.7% 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 502, Furlong Court 6, London, the average age was 30.6 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 502, Furlong Court 6, 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 502, Furlong Court 6, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.