According to the public record, Flat 8, Osprey House 5, London is a modern leasehold apartment with 839 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Osprey House, Victory Place, London, E14.
Victory Place, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 8, Osprey House 5, London has 21 entries in the Land Registry database, most recently in March 2012 and a single entry in the EPC database dated November 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 8 Osprey House 5 London as £664,491 and the rental value as £3,134 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of Flat 8 Osprey House 5 London has decreased by £39 (0.0%) and its rental value has increased by £58 per month (1.8%).
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, Osprey House 5, London is in very good condition we estimate a sale value of £697,715 and rental value of £3,291 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £617,976 and a rental value of £2,914 per month.
If you were able to purchase this property for the estimated value of £664,491, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,266 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, Osprey House 5, London was last sold on 30 Mar 2012 for £400,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2012, the market for similar properties has risen 40.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, Osprey House 5, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat 1, Gainsborough House 7, Victory Place, London, E14 8BG, a Leasehold flat which sold for £623,000 in Oct 2022.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Victory Place, London, E14 has a total of 146 addresses. According to our analysis of all the public data, Flat 8, Osprey House 5, London is the 49th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £180k more expensive than the average property in E14.
Flat 8, Osprey House 5, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Nov 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler with both radiators and underfloor heating.
The closest station to Flat 8, Osprey House 5, London is Limehouse station which is 300 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 8, Osprey House 5, London, 47.0% of property is privately rented and 27.3% 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, Osprey House 5, London, 5.2% of residents are recorded as possessing school level qualifications and 78.2% 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, Osprey House 5, London, the average age was 32.3 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 8, Osprey House 5, London, 3.8% 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, Osprey House 5, 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.