According to the public record, Flat 6, 31, Douro Street, London is a modern leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a roof terrace.
The apartment is in 31, Douro Street, London, E3.
Douro Street, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 6, 31, Douro Street, London has a single entry in the Land Registry database from July 2019 and a single entry in the EPC database dated September 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 6 31 Douro Street London as £531,307 and the rental value as £2,586 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 6 31 Douro Street London has decreased by £10,784 (2.0%) and its rental value has increased by £54 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 6, 31, Douro Street, London is in very good condition we estimate a sale value of £557,872 and rental value of £2,716 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £494,116 and a rental value of £2,405 per month.
If you were able to purchase this property for the estimated value of £531,307, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,611 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 6, 31, Douro Street, London was last sold on 22 Jul 2019 for £575,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2019, the market for similar properties has dropped 3.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, 31, Douro Street, London within a radius of 230 metres over the last 2 years.
The most recent example is Flat 403, Matchstick Apartments 115, Fairfield Road, London, E3 2ZP, a Leasehold flat which sold for £621,000 in May 2019.
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 2 lets within a 230 metres radius of Flat 6, 31, Douro Street, London over the last 2 years.
Most recently Flat 2, 31, Douro Street, London, E3 2TS, a Leasehold flat let by London Property Management in Aug 2021.
Douro Street, London, E3 has a total of 30 addresses. According to our analysis of all the public data, Flat 6, 31, Douro Street, London is the 16th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £91k more expensive than the average property in E3.
Flat 6, 31, Douro Street, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Sep 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 6, 31, Douro Street, London is Bow Church 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 6, 31, Douro Street, London, 43.9% of property is privately rented and 21.4% 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 6, 31, Douro Street, London, 12.7% of residents are recorded as possessing school level qualifications and 66.2% 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 6, 31, Douro Street, 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 6, 31, Douro Street, 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 6, 31, Douro Street, 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.