According to the public record, Unit 11, 3, Birchfield Street, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 1,001 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 3, Birchfield Street, London, E14.
Birchfield Street, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Unit 11, 3, Birchfield Street, London has 31 entries in the Land Registry database, most recently in May 2016 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 Unit 11 3 Birchfield Street London as £539,015 and the rental value as £2,849 per month giving an expected gross yield of 6.3%.
Over the last 12 months the sale value of Unit 11 3 Birchfield Street London has increased by £4,896 (0.9%) and its rental value has increased by £49 per month (1.7%).
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 Unit 11, 3, Birchfield Street, London is in very good condition we estimate a sale value of £565,966 and rental value of £2,992 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £501,284 and a rental value of £2,650 per month.
If you were able to purchase this property for the estimated value of £539,015, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,649 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, Unit 11, 3, Birchfield Street, London was last sold on 26 May 2016 for £700,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since May 2016, the market for similar properties has dropped 5.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Unit 11, 3, Birchfield Street, London within a radius of 280 metres over the last 2 years.
The most recent example is Flat 10, West Point 3, Grenade Street, London, E14 8HX, a Leasehold flat which sold for £482,000 in May 2022.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Birchfield Street, London, E14 has a total of 51 addresses. According to our analysis of all the public data, Unit 11, 3, Birchfield Street, London is the 18th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £54k more expensive than the average property in E14.
The closest station to Unit 11, 3, Birchfield Street, London is Westferry station which is 200 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 Unit 11, 3, Birchfield Street, London, 58.7% of property is privately rented and 25.0% is socially rented.
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 Unit 11, 3, Birchfield Street, London, 25.3% of residents are recorded as possessing school level qualifications and 52.4% 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 Unit 11, 3, Birchfield Street, 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 Unit 11, 3, Birchfield Street, London, 0.0% 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 Unit 11, 3, Birchfield Street, 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.