According to the public record, Flat 70, Fondant Court 2, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 659 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Fondant Court, Taylor Place, London, E3.
Taylor Place, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 70, Fondant Court 2, London has a single entry in the Land Registry database from September 2015 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 70 Fondant Court 2 London as £354,018 and the rental value as £2,138 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of Flat 70 Fondant Court 2 London has decreased by £6,093 (1.7%) and its rental value has increased by £45 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 70, Fondant Court 2, London is in very good condition we estimate a sale value of £371,719 and rental value of £2,245 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £329,237 and a rental value of £1,989 per month.
If you were able to purchase this property for the estimated value of £354,018, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,740 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 70, Fondant Court 2, London was last sold on 01 Sep 2015 for £350,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2015, the market for similar properties has dropped 0.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 70, Fondant Court 2, London within a radius of 290 metres over the last 2 years.
The most recent example is 2703, Sky View Tower 12, High Street, London, E15 2GU, a Leasehold flat which sold for £360,000 in Jan 2024.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Taylor Place, London, E3 has a total of 180 addresses. According to our analysis of all the public data, Flat 70, Fondant Court 2, London is the 85th largest and the 113th most expensive property on the street.
When compared to the postcode district it is £86k less expensive than the average property in E3.
The closest station to Flat 70, Fondant Court 2, London is Bow Church station which is 400 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 70, Fondant Court 2, London, 45.9% of property is socially rented and 23.6% is shared ownership.
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 70, Fondant Court 2, London, 32.8% of residents are recorded as possessing school level qualifications and 47.3% 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 70, Fondant Court 2, 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 70, Fondant Court 2, 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 70, Fondant Court 2, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.