According to the public record, Flat 709, 25, Indescon Square, London is a modern leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in 25, Indescon Square, London, E14.
Indescon Square, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 709, 25, Indescon Square, London has 2 entries in the Land Registry database, most recently in August 2010 and a single entry in the EPC database dated March 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 709 25 Indescon Square London as £340,727 and the rental value as £1,739 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 709 25 Indescon Square London has increased by £3,607 (1.1%) and its rental value has increased by £20 per month (1.1%).
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 709, 25, Indescon Square, London is in very good condition we estimate a sale value of £357,764 and rental value of £1,826 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £316,877 and a rental value of £1,618 per month.
If you were able to purchase this property for the estimated value of £340,727, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,675 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 709, 25, Indescon Square, London was last sold on 16 Aug 2010 for £405,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2010, the market for similar properties has risen 48.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 709, 25, Indescon Square, London within a radius of 120 metres over the last 2 years.
The most recent example is Flat 421, Denison House 20, Lanterns Way, London, E14 9JJ, a Leasehold flat which sold for £405,000 in Jul 2023.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Indescon Square, London, E14 has a total of 329 addresses. According to our analysis of all the public data, Flat 709, 25, Indescon Square, London is the 172nd largest and the 190th most expensive property on the street.
When compared to the postcode district it is £144k less expensive than the average property in E14.
Flat 709, 25, Indescon Square, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Mar 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 709, 25, Indescon Square, London is South Quay 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 709, 25, Indescon Square, London, 58.8% of property is socially rented and 24.4% 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 709, 25, Indescon Square, London, 26.0% of residents are recorded as possessing school level qualifications and 29.0% 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 709, 25, Indescon Square, London, the average age was 30.8 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 709, 25, Indescon Square, London, 1.0% 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 709, 25, Indescon Square, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.