According to the public record, Flat 59, Switch House 4, London is a modern leasehold apartment with 1,011 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Switch House, Blackwall Way, London, E14.
Blackwall Way, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 59, Switch House 4, London has 21 entries in the Land Registry database, most recently in April 2014 and a single entry in the EPC database dated October 2019.
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 59 Switch House 4 London as £517,130 and the rental value as £2,730 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 59 Switch House 4 London has increased by £7,529 (1.5%) and its rental value has increased by £101 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 59, Switch House 4, London is in very good condition we estimate a sale value of £542,987 and rental value of £2,867 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £480,931 and a rental value of £2,539 per month.
If you were able to purchase this property for the estimated value of £517,130, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,542 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 59, Switch House 4, London was last sold on 04 Apr 2014 for £500,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2014, the market for similar properties has risen 15.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 59, Switch House 4, London within a radius of 350 metres over the last 2 years.
The most recent example is Flat 5, Adventurers Court 12, Newport Avenue, London, E14 2DN, a Leasehold flat which sold for £485,000 in Sep 2022.
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 1 let within a 350 metres radius of Flat 59, Switch House 4, London over the last 2 years.
Most recently Flat 1906, Avalon Point 1, Silvocea Way, London, E14 0TZ, a Leasehold flat let by Saint Andrews Bureau in Jun 2023.
Blackwall Way, London, E14 has a total of 765 addresses. According to our analysis of all the public data, Flat 59, Switch House 4, London is the 38th largest and the 80th most expensive property on the street.
When compared to the postcode district it is £33k more expensive than the average property in E14.
Flat 59, Switch House 4, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Oct 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 59, Switch House 4, London is East India station which is 200 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 59, Switch House 4, 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 59, Switch House 4, 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 59, Switch House 4, 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 59, Switch House 4, 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 59, Switch House 4, 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.