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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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Public records show 24, Lookout Lane to be a modern leasehold apartment with 1,054 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
24, Lookout Lane has an estimated sale value of £670,651 and an estimated rental value of £3,485 per month, assuming reasonable condition and based on the information available.
Lookout Lane, London, E14 lies in the borough of Tower Hamlets, within the E14 postal district.
24, Lookout Lane has a single entry in the Land Registry from November 2021 and a single entry in the EPC database dated July 2018.
We combine this information with that 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.
In very good condition, we estimate 24, Lookout Lane would be worth £704,184, with a potential rental value of £3,660 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £623,705, with a rental value of £3,241 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 24, Lookout Lane has declined by £28,161 (4.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £163 (4.7%). The property's estimated gross yield is currently 6.2%.
24, Lookout Lane has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Jul 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
24, Lookout Lane last changed hands on 5th November 2021, selling for £685,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 43.3% since November 2021.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 290 metres of 24, Lookout Lane across the last 2 years.
Most recently, Flat 1610, Modena House 19, Lyell Street, London, E14 0RR, a leasehold flat, sold at £805,000 on the 21st June 2022.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 24, Lookout Lane as the 7th largest and the 10th most expensive of the 235 addresses on Lookout Lane, London, E14.
Against the E14 postcode district average, it is £196k more expensive than the typical property.
East India station is the nearest stop to 24, Lookout Lane at 400 metres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 24, Lookout Lane, % of property is and % is .
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 24, Lookout Lane, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 24, Lookout Lane, 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 24, Lookout Lane, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
