According to the public record, Flat 6, Armoury House 7, London is a modern apartment with 871 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Armoury House, Gunmakers Lane, London, E3.
Gunmakers Lane, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 6, Armoury House 7, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated October 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for Flat 6 Armoury House 7 London as £559,024 and the rental value as £3,307 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of Flat 6 Armoury House 7 London has decreased by £2,865 (0.5%) and its rental value has increased by £116 per month (3.5%).
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, Armoury House 7, London is in very good condition we estimate a sale value of £586,975 and rental value of £3,472 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £519,892 and a rental value of £3,075 per month.
If you were able to purchase this property for the estimated value of £559,024, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,747 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, Armoury House 7, London was last sold on 15 Oct 2003 for £193,130 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Armoury House 7, London within a radius of 330 metres over the last 2 years.
The most recent example is Flat 3, Artillery House 6, Barge Lane, London, E3 5PD, a Leasehold flat which sold for £565,000 in Sep 2023.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gunmakers Lane, London, E3 has a total of 101 addresses. According to our analysis of all the public data, Flat 6, Armoury House 7, London is the 12th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £119k more expensive than the average property in E3.
Flat 6, Armoury House 7, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Oct 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 6, Armoury House 7, London is Hackney Wick station which is 1.0 kilometres 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, Armoury House 7, London, 55.4% of property is privately rented and 25.7% 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, Armoury House 7, London, 6.9% of residents are recorded as possessing school level qualifications and 76.6% 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, Armoury House 7, London, the average age was 33.6 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 6, Armoury House 7, London, 2.9% 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, Armoury House 7, 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.