According to the public record, Flat 601, Bannister House 6, London is a modern leasehold apartment with 1,087 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Bannister House, Skippers Yard, London, E3.
Skippers Yard, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 601, Bannister House 6, London has a single entry in the Land Registry database from March 2021 and a single entry in the EPC database dated January 2021.
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 good condition, we estimate the current sale value for Flat 601 Bannister House 6 London as £735,670 and the rental value as £3,668 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of Flat 601 Bannister House 6 London has increased by £2,741 (0.4%) and its rental value has increased by £157 per month (4.3%).
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 601, Bannister House 6, London is in very good condition we estimate a sale value of £772,454 and rental value of £3,851 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £684,173 and a rental value of £3,411 per month.
If you were able to purchase this property for the estimated value of £735,670, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,616 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 601, Bannister House 6, London was last sold on 31 Mar 2021 for £770,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2021, the market for similar properties has risen 0.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 601, Bannister House 6, London within a radius of 380 metres over the last 2 years.
The most recent example is Flat 602, Bannister House 6, Skippers Yard, London, E3 2UY, a Leasehold flat which sold for £780,000 in Mar 2021.
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 380 metres radius of Flat 601, Bannister House 6, 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.
Skippers Yard, London, E3 has a total of 43 addresses. According to our analysis of all the public data, Flat 601, Bannister House 6, London is the largest and the most expensive property on the street.
When compared to the postcode district it is £296k more expensive than the average property in E3.
Flat 601, Bannister House 6, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Jan 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 601, Bannister House 6, London is Hackney Wick 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 601, Bannister House 6, London, 34.7% of property is socially rented and 32.2% is privately rented.
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 601, Bannister House 6, London, 24.9% of residents are recorded as possessing school level qualifications and 55.1% 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 601, Bannister House 6, 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 601, Bannister House 6, London, 1.2% 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 601, Bannister House 6, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.