According to the public record, Flat 503, Kent Building 47, London is a modern leasehold apartment with 1,001 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Kent Building, Hope Street, London, E14.
Hope Street, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 503, Kent Building 47, London has 2 entries in the Land Registry database, most recently in July 2023 and a single entry in the EPC database dated May 2016.
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 503 Kent Building 47 London as £591,899 and the rental value as £3,138 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 503 Kent Building 47 London has increased by £8,618 (1.5%) and its rental value has increased by £116 per month (3.7%).
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 503, Kent Building 47, London is in very good condition we estimate a sale value of £621,494 and rental value of £3,295 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £550,466 and a rental value of £2,918 per month.
If you were able to purchase this property for the estimated value of £591,899, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,909 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 503, Kent Building 47, London was last sold on 11 Jul 2023 for £730,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2023, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 503, Kent Building 47, London within a radius of 300 metres over the last 2 years.
The most recent example is Flat 1108, Kent Building 47, Hope Street, London, E14 0QL, a Leasehold flat which sold for £610,000 in Aug 2023.
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 2 lets of properties similar to Flat 503, Kent Building 47, London within a radius of 300 metres over the last 2 years.
Most recently 46, Lookout Lane, London, E14 0SX, a Leasehold flat let by London Property Management in Jun 2022.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hope Street, London, E14 has a total of 136 addresses. According to our analysis of all the public data, Flat 503, Kent Building 47, London is the 14th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £107k more expensive than the average property in E14.
Flat 503, Kent Building 47, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 May 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 503, Kent Building 47, London is East India 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 503, Kent Building 47, London, 73.0% of property is privately rented and 21.0% 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 503, Kent Building 47, London, 14.4% of residents are recorded as possessing school level qualifications and 73.7% 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 503, Kent Building 47, 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 503, Kent Building 47, London, 0.0% 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 503, Kent Building 47, 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.