According to the public record, Flat 9, Cresta House 12, London is a modern apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Cresta House, Ireton Street, London, E3.
Ireton Street, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 9, Cresta House 12, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated April 2023.
We combine this information with public data 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 9 Cresta House 12 London as £297,667 and the rental value as £1,620 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 9 Cresta House 12 London has decreased by £493 (0.2%) and its rental value has increased by £65 per month (4.0%).
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 9, Cresta House 12, London is in very good condition we estimate a sale value of £312,550 and rental value of £1,701 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £276,830 and a rental value of £1,507 per month.
If you were able to purchase this property for the estimated value of £297,667, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,463 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 9, Cresta House 12, London was last sold on 10 Apr 2000 for £104,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, Cresta House 12, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 3, Bentley House 21, Wellington Way, London, E3 4XE, a Leasehold flat which sold for £220,000 in Sep 2023.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ireton Street, London, E3 has a total of 42 addresses. According to our analysis of all the public data, Flat 9, Cresta House 12, London is the 33rd largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £142k less expensive than the average property in E3.
Flat 9, Cresta House 12, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Apr 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 9, Cresta House 12, London is Bow Road 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 9, Cresta House 12, London, 63.6% of property is privately rented and 23.5% 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 9, Cresta House 12, London, 18.0% of residents are recorded as possessing school level qualifications and 68.3% 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 9, Cresta House 12, London, the average age was 31 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 9, Cresta House 12, London, 0.7% 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 9, Cresta House 12, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.