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According to the public record, 12, Forge Square is a modern leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Forge Square is £229,678 and the estimated rental value is £1,349 per month.
Forge Square, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
12, Forge Square has a single entry in the Land Registry from December 2013 and a single entry in the EPC database dated March 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 12, Forge Square is in very good condition we estimate a sale value of £241,162 and a rental value of £1,416 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £213,601 and a rental value of £1,254 per month.
Over the last 12 months the sale value of 12 Forge Square has decreased by an estimated £6,276 (2.7%) and its rental value has increased by an estimated £75 per month (5.5%), giving an expected gross yield of 7%.
12, Forge Square has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Mar 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, 12, Forge Square was last sold on 20th December 2013 for £120,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since December 2013, the market for similar properties has risen 27.0%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 12, Forge Square within a radius of 280 metres over the last 2 years.
The most recent example is 18, Forge Square, London, E14 3GY, a leasehold flat which sold for £125,000 on the 18th December 2017.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forge Square, London, E14 has a total of 178 addresses. According to our analysis of all the public data, 12, Forge Square is the 130th largest and the 175th most expensive property on the street.
When compared to the postcode district it is £243k less expensive than the average property in E14.
The nearest school is Harbinger Primary School which is 88 metres away. The nearest train station is Mudchute which is 300 metres away.
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