According to the public record, Flat 9, Cyan Apartments 2, London is a modern apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Cyan Apartments, Gunmakers Lane, London, E3.
Gunmakers Lane, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 9, Cyan Apartments 2, London has no records in the Land Registry database and a single entry in the EPC database dated November 2013.
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 Cyan Apartments 2 London as £203,658 and the rental value as £1,241 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of Flat 9 Cyan Apartments 2 London has decreased by £3,125 (1.5%) and its rental value has increased by £28 per month (2.2%).
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, Cyan Apartments 2, London is in very good condition we estimate a sale value of £213,841 and rental value of £1,303 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £189,402 and a rental value of £1,154 per month.
If you were able to purchase this property for the estimated value of £203,658, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,001 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, Cyan Apartments 2, London within a radius of 300 metres over the last 2 years.
The most recent example is Flat 14, 255, Old Ford Road, London, E3 5PT, a Leasehold flat which sold for £187,250 in Jun 2020.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gunmakers Lane, London, E3 has a total of 101 addresses. According to our analysis of all the public data, Flat 9, Cyan Apartments 2, London is the 59th largest and the 90th most expensive property on the street.
When compared to the postcode district it is £236k less expensive than the average property in E3.
Flat 9, Cyan Apartments 2, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Nov 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 9, Cyan Apartments 2, London is Hackney Wick station which is 1.1 kilometres 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, Cyan Apartments 2, London, 53.9% of property is privately rented and 24.4% 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 9, Cyan Apartments 2, London, 10.3% of residents are recorded as possessing school level qualifications and 73.4% 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, Cyan Apartments 2, London, the average age was 34.8 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 9, Cyan Apartments 2, London, 1.6% 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, Cyan Apartments 2, 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.