According to the public record, Flat 9, Lumina Building 29, London is a modern leasehold apartment with 807 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Lumina Building, Prestons Road, London, E14.
Prestons Road, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 9, Lumina Building 29, London has 31 entries in the Land Registry database, most recently in January 2015 and a single entry in the EPC database dated June 2019.
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 9 Lumina Building 29 London as £462,593 and the rental value as £2,428 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Flat 9 Lumina Building 29 London has increased by £4,078 (0.9%) and its rental value has increased by £29 per month (1.2%).
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, Lumina Building 29, London is in very good condition we estimate a sale value of £485,722 and rental value of £2,549 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £430,211 and a rental value of £2,258 per month.
If you were able to purchase this property for the estimated value of £462,593, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,274 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, Lumina Building 29, London was last sold on 09 Jan 2015 for £460,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Jan 2015, the market for similar properties has risen 5.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, Lumina Building 29, London within a radius of 220 metres over the last 2 years.
The most recent example is Apartment 148, Horizons Tower 1, Yabsley Street, London, E14 9RG, a Leasehold flat which sold for £592,000 in Mar 2024.
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 of a property similar to Flat 9, Lumina Building 29, London within a radius of 220 metres over the last 2 years.
Most recently Apartment 38, Horizons Tower 1, Yabsley Street, London, E14 9BH, a Leasehold flat let by Saint Andrews Bureau in Apr 2024.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prestons Road, London, E14 has a total of 250 addresses. According to our analysis of all the public data, Flat 9, Lumina Building 29, London is the 58th largest and the 63rd most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in E14.
Flat 9, Lumina Building 29, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jun 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 9, Lumina Building 29, London is Blackwall 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, Lumina Building 29, London, 63.7% of property is privately rented and 13.5% 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, Lumina Building 29, London, 12.7% of residents are recorded as possessing school level qualifications and 74.7% 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, Lumina Building 29, 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 9, Lumina Building 29, London, 1.9% 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, Lumina Building 29, 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.