According to the public record, Flat 81, Elektron Tower 12, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 642 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Elektron Tower, Blackwall Way, London, E14.
Blackwall Way, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 81, Elektron Tower 12, London has a single entry in the Land Registry database from June 2008 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 81 Elektron Tower 12 London as £414,131 and the rental value as £2,199 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 81 Elektron Tower 12 London has increased by £3,443 (0.8%) and its rental value has increased by £24 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 81, Elektron Tower 12, London is in very good condition we estimate a sale value of £434,838 and rental value of £2,309 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £385,142 and a rental value of £2,045 per month.
If you were able to purchase this property for the estimated value of £414,131, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,035 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 81, Elektron Tower 12, London was last sold on 26 Jun 2008 for £277,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2008, the market for similar properties has risen 40.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 81, Elektron Tower 12, London within a radius of 350 metres over the last 2 years.
The most recent example is Flat 120, Elektron Tower 12, Blackwall Way, London, E14 9GF, a Leasehold flat which sold for £459,500 in Nov 2023.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 350 metres radius of Flat 81, Elektron Tower 12, London over the last 2 years.
Most recently Flat 1906, Avalon Point 1, Silvocea Way, London, E14 0TZ, a Leasehold flat let by Saint Andrews Bureau in Jun 2023.
Blackwall Way, London, E14 has a total of 765 addresses. According to our analysis of all the public data, Flat 81, Elektron Tower 12, London is the 474th largest and the 368th most expensive property on the street.
When compared to the postcode district it is £70k less expensive than the average property in E14.
The closest station to Flat 81, Elektron Tower 12, London is East India station which is 100 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 81, Elektron Tower 12, London, 59.0% of property is privately rented and 20.5% 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 81, Elektron Tower 12, London, 12.0% of residents are recorded as possessing school level qualifications and 82.0% 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 81, Elektron Tower 12, London, the average age was 37.5 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 81, Elektron Tower 12, London, 2.3% 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 81, Elektron Tower 12, 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.