According to the public record, Flat 503, Whitby House 26, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Whitby House, Marsh Wall, London, E14.
Marsh Wall, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 503, Whitby House 26, London has a single entry in the Land Registry database from July 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 Whitby House 26 London as £386,620 and the rental value as £2,062 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 503 Whitby House 26 London has increased by £6,237 (1.6%) and its rental value has increased by £37 per month (1.8%).
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, Whitby House 26, London is in very good condition we estimate a sale value of £405,951 and rental value of £2,165 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £359,556 and a rental value of £1,918 per month.
If you were able to purchase this property for the estimated value of £386,620, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,900 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, Whitby House 26, London was last sold on 08 Jul 2013 for £285,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2013, the market for similar properties has risen 31.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 503, Whitby House 26, London within a radius of 120 metres over the last 2 years.
The most recent example is Flat 250, Jefferson Building 12, Westferry Road, London, E14 8LR, a Leasehold flat which sold for £425,000 in Dec 2022.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marsh Wall, London, E14 has a total of 2591 addresses. According to our analysis of all the public data, Flat 503, Whitby House 26, London is the 1171st largest and the 2555th most expensive property on the street.
When compared to the postcode district it is £98k less expensive than the average property in E14.
The closest station to Flat 503, Whitby House 26, London is Heron Quays station which is 300 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, Whitby House 26, London, 70.3% of property is privately rented and 14.0% 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, Whitby House 26, London, 10.8% of residents are recorded as possessing school level qualifications and 84.9% 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, Whitby House 26, London, the average age was 32.5 and the most common age was 27.
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, Whitby House 26, 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, Whitby House 26, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.