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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Falcon Way is a modern 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 2, Falcon Way is £403,223 and the estimated rental value is £2,170 per month.
Falcon Way, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
2, Falcon Way has no recent1 records in the the Land Registry and a single entry in the EPC database dated March 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 2, Falcon Way is in very good condition we estimate a sale value of £423,384 and a rental value of £2,278 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £374,997 and a rental value of £2,018 per month.
Over the last 12 months the sale value of 2 Falcon Way has decreased by an estimated £11,018 (2.7%) and its rental value has increased by an estimated £120 per month (5.5%), giving an expected gross yield of 6.5%.
2, Falcon Way has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 Mar 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 2, Falcon Way was last sold on 10th May 2002 for £165,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Falcon Way within a radius of 390 metres over the last 2 years.
The most recent example is 18, Falcon Way, London, E14 9UP, a leasehold flat which sold for £410,000 on the 9th January 2023.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Falcon Way, London, E14 has a total of 62 addresses. According to our analysis of all the public data, 2, Falcon Way is the 35th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £69k less expensive than the average property in E14.
The nearest school is Canary Wharf College Crossharbour which is 298 metres away. The nearest train station is Mudchute which is 200 metres away.
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