According to the public record, Flat 511, Ink Court 419, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 770 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Ink Court, Wick Lane, London, E3.
Wick Lane, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 511, Ink Court 419, London has a single entry in the Land Registry database from September 2015 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 511 Ink Court 419 London as £396,754 and the rental value as £1,749 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 511 Ink Court 419 London has decreased by £6,828 (1.7%) and its rental value has increased by £37 per month (2.1%).
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 511, Ink Court 419, London is in very good condition we estimate a sale value of £416,592 and rental value of £1,837 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £368,982 and a rental value of £1,627 per month.
If you were able to purchase this property for the estimated value of £396,754, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,950 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 511, Ink Court 419, London was last sold on 04 Sep 2015 for £440,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2015, the market for similar properties has dropped 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 511, Ink Court 419, London within a radius of 420 metres over the last 2 years.
The most recent example is Flat G02, Ink Court 419, Wick Lane, London, E3 2PW, a Leasehold flat which sold for £486,749 in Mar 2024.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 3 lets within a 420 metres radius of Flat 511, Ink Court 419, London over the last 2 years.
Most recently Flat 201, Ink Court 419, Wick Lane, London, E3 2PX, a Leasehold flat let by Saint Andrews Bureau in Feb 2023.
Wick Lane, London, E3 has a total of 351 addresses. According to our analysis of all the public data, Flat 511, Ink Court 419, London is the 222nd largest and the 243rd most expensive property on the street.
When compared to the postcode district it is £43k less expensive than the average property in E3.
The closest station to Flat 511, Ink Court 419, London is Pudding Mill Lane station which is 600 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 511, Ink Court 419, London, 42.0% of property is socially rented and 27.8% 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 511, Ink Court 419, London, 13.1% of residents are recorded as possessing school level qualifications and 57.1% 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 511, Ink Court 419, London, the average age was 32.7 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 511, Ink Court 419, London, 1.3% 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 511, Ink Court 419, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.