According to the public record, Flat 807, Moro Apartments 22, London is a modern leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Moro Apartments, New Festival Avenue, London, E14.
New Festival Avenue, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 807, Moro Apartments 22, London has a single entry in the Land Registry database from August 2013 and a single entry in the EPC database dated August 2011.
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 807 Moro Apartments 22 London as £369,080 and the rental value as £1,990 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 807 Moro Apartments 22 London has increased by £1,292 (0.3%) and its rental value has increased by £37 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 807, Moro Apartments 22, London is in very good condition we estimate a sale value of £387,534 and rental value of £2,089 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £343,244 and a rental value of £1,850 per month.
If you were able to purchase this property for the estimated value of £369,080, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,814 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 807, Moro Apartments 22, London was last sold on 15 Aug 2013 for £320,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2013, the market for similar properties has risen 30.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 807, Moro Apartments 22, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat 301, Felix Point 5, Epstein Square, London, E14 6FX, a Leasehold flat which sold for £440,000 in Dec 2023.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Festival Avenue, London, E14 has a total of 155 addresses. According to our analysis of all the public data, Flat 807, Moro Apartments 22, London is the 113th largest and the 95th most expensive property on the street.
When compared to the postcode district it is £115k less expensive than the average property in E14.
Flat 807, Moro Apartments 22, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Aug 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 807, Moro Apartments 22, London is Langdon Park station which is 500 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 807, Moro Apartments 22, London, 51.2% of property is privately rented and 28.4% 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 807, Moro Apartments 22, London, 9.8% of residents are recorded as possessing school level qualifications and 68.1% 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 807, Moro Apartments 22, London, the average age was 31.2 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 807, Moro Apartments 22, 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 807, Moro Apartments 22, 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.