According to the public record, Flat 6, Olympian Court 720, London is a mid-century leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Olympian Court, Wick Lane, London, E3.
Wick Lane, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 6, Olympian Court 720, London has a single entry in the Land Registry database from March 2023 and a single entry in the EPC database dated November 2022.
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 Olympian Court 720 London as £318,285 and the rental value as £1,943 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of Flat 6 Olympian Court 720 London has decreased by £5,478 (1.7%) and its rental value has increased by £41 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, Olympian Court 720, London is in very good condition we estimate a sale value of £334,200 and rental value of £2,041 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £296,005 and a rental value of £1,807 per month.
If you were able to purchase this property for the estimated value of £318,285, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,564 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, Olympian Court 720, London was last sold on 24 Mar 2023 for £350,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2023, the market for similar properties has dropped 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Olympian Court 720, London within a radius of 270 metres over the last 2 years.
The most recent example is Flat 6, Christopher Bell Tower 1, Pancras Way, London, E3 2SR, a Leasehold flat which sold for £285,000 in Nov 2023.
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 270 metres radius of Flat 6, Olympian Court 720, 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.
Wick Lane, London, E3 has a total of 351 addresses. According to our analysis of all the public data, Flat 6, Olympian Court 720, London is the 289th largest and the 315th most expensive property on the street.
When compared to the postcode district it is £122k less expensive than the average property in E3.
Flat 6, Olympian Court 720, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Nov 2022.
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, Olympian Court 720, 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, Olympian Court 720, London, 55.1% of property is privately rented and 26.6% 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, Olympian Court 720, London, 13.9% of residents are recorded as possessing school level qualifications and 70.6% 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, Olympian Court 720, 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, Olympian Court 720, 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, Olympian Court 720, 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.