According to the public record, Flat 63, 5, Newport Avenue, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 548 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 5, Newport Avenue, London, E14.
Newport Avenue, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 63, 5, Newport Avenue, London has 2 entries in the Land Registry database, most recently in September 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 63 5 Newport Avenue London as £273,166 and the rental value as £1,438 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 63 5 Newport Avenue London has increased by £3,285 (1.2%) and its rental value has increased by £21 per month (1.5%).
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 63, 5, Newport Avenue, London is in very good condition we estimate a sale value of £286,825 and rental value of £1,510 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £254,045 and a rental value of £1,338 per month.
If you were able to purchase this property for the estimated value of £273,166, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,343 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 63, 5, Newport Avenue, London was last sold on 04 Sep 2014 for £295,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2014, the market for similar properties has risen 10.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 63, 5, Newport Avenue, London within a radius of 360 metres over the last 2 years.
The most recent example is Flat 124, 5, Newport Avenue, London, E14 2EB, a Leasehold flat which sold for £225,000 in Dec 2016.
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 360 metres radius of Flat 63, 5, Newport Avenue, London over the last 2 years.
Most recently Flat 501, Ontario Tower 4, Fairmont Avenue, London, E14 9JA, a Leasehold flat let by London Property Management in Apr 2022.
Newport Avenue, London, E14 has a total of 544 addresses. According to our analysis of all the public data, Flat 63, 5, Newport Avenue, London is the 422nd largest and the 485th most expensive property on the street.
When compared to the postcode district it is £211k less expensive than the average property in E14.
The closest station to Flat 63, 5, Newport Avenue, London is East India station which is 100 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 63, 5, Newport Avenue, London, 42.3% of property is socially rented and 21.1% 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 63, 5, Newport Avenue, London, 13.7% of residents are recorded as possessing school level qualifications and 49.6% 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 63, 5, Newport Avenue, 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 63, 5, Newport Avenue, 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 63, 5, Newport Avenue, 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.