According to the public record, Flat 8, Collins Tower, London is a modern leasehold apartment and with 558 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Collins Tower, Blues Street, London, E8.
Blues Street, London, E8 is located in the borough of Hackney within the E8 postal district.
Flat 8, Collins Tower, London has 2 entries in the Land Registry database, most recently in March 2015 and a single entry in the EPC database dated May 2009.
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 8 Collins Tower London as £471,131 and the rental value as £2,434 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 8 Collins Tower London has increased by £4,022 (0.9%) and its rental value has increased by £137 per month (5.6%).
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 8, Collins Tower, London is in very good condition we estimate a sale value of £494,688 and rental value of £2,556 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £438,152 and a rental value of £2,264 per month.
If you were able to purchase this property for the estimated value of £471,131, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,315 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 8, Collins Tower, London was last sold on 27 Mar 2015 for £181,250 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2015, the market for similar properties has risen 11.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Collins Tower, London within a radius of 122m over the last 2 years.
The most recent example is Flat 28, Collins Tower, Blues Street, London, E8 3BG, a Leasehold flat which sold for £500,000 in Nov 2023.
Read more about house prices in E8.
Blues Street, London, E8 has a total of 34 addresses. According to our analysis of all the public data, Flat 8, Collins Tower, London is the 33rd largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in E8.
Flat 8, Collins Tower, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 May 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme with CHP.
The closest station to Flat 8, Collins Tower, London is Dalston Junction station which is 200 m 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 8, Collins Tower, London, 52.5% of property is privately rented and 24.7% 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 8, Collins Tower, London, 14.1% of residents are recorded as possessing school level qualifications and 78.7% 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 8, Collins Tower, London, the average age was 37 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 8, Collins Tower, London, 0.3% 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 8, Collins Tower, 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.