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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Forge Square is £249,144 and the estimated rental value is £1,442 per month.
Forge Square, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
16, Forge Square has a single entry in the Land Registry from October 2009 and a single entry in the EPC database dated March 2023.
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 16, Forge Square is in very good condition we estimate a sale value of £261,602 and a rental value of £1,514 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £231,704 and a rental value of £1,341 per month.
Over the last 12 months the sale value of 16 Forge Square has decreased by an estimated £6,808 (2.7%) and its rental value has increased by an estimated £80 per month (5.5%), giving an expected gross yield of 6.9%.
16, Forge Square has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Mar 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, 16, Forge Square was last sold on 30th October 2009 for £191,250 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2009, the market for similar properties has risen 59.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Forge Square within a radius of 280 metres over the last 2 years.
The most recent example is 14, Forge Square, London, E14 3GY, a leasehold flat which sold for £127,500 on the 31st May 2019.
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, 16, Forge Square is the 103rd largest and the 171st most expensive property on the street.
When compared to the postcode district it is £223k 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.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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