According to the public record, Flat 63, Galaxy Building 5, London is a modern leasehold apartment with 1,162 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Galaxy Building, Crews Street, London, E14.
Crews Street, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 63, Galaxy Building 5, London has 21 entries in the Land Registry database, most recently in March 2018 and a single entry in the EPC database dated May 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 reasonable condition, we estimate the current sale value for Flat 63 Galaxy Building 5 London as £561,536 and the rental value as £2,910 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 63 Galaxy Building 5 London has increased by £4,699 (0.8%) and its rental value has increased by £83 per month (2.9%).
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, Galaxy Building 5, London is in very good condition we estimate a sale value of £589,613 and rental value of £3,056 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £522,229 and a rental value of £2,706 per month.
If you were able to purchase this property for the estimated value of £561,536, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,760 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, Galaxy Building 5, London was last sold on 29 Mar 2018 for £574,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2018, the market for similar properties has dropped 2.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 63, Galaxy Building 5, London within a radius of 380 metres over the last 2 years.
The most recent example is 75 Apollo Building 1, Newton Place, London, E14 3TS, a Leasehold flat which sold for £585,000 in Sep 2023.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Crews Street, London, E14 has a total of 191 addresses. According to our analysis of all the public data, Flat 63, Galaxy Building 5, London is the 21st largest and the 24th most expensive property on the street.
When compared to the postcode district it is £77k more expensive than the average property in E14.
Flat 63, Galaxy Building 5, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 May 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using elecric underfloor heating.
The closest station to Flat 63, Galaxy Building 5, London is Mudchute station which is 800 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, Galaxy Building 5, London, 70.9% of property is privately rented and 22.2% 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 63, Galaxy Building 5, London, 9.0% of residents are recorded as possessing school level qualifications and 79.3% 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, Galaxy Building 5, London, the average age was 32.8 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, Galaxy Building 5, London, 1.1% 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, Galaxy Building 5, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.