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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 39, Caravel Close is £380,447 and the estimated rental value is £2,186 per month.
Caravel Close, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
39, Caravel Close has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2024.
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 39, Caravel Close is in very good condition we estimate a sale value of £399,469 and a rental value of £2,295 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £353,816 and a rental value of £2,033 per month.
Over the last 12 months the sale value of 39 Caravel Close has decreased by an estimated £10,395 (2.7%) and its rental value has increased by an estimated £121 per month (5.5%), giving an expected gross yield of 6.9%.
39, Caravel Close has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Oct 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 39, Caravel Close was last sold on 23rd January 2004 for £95,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, Caravel Close within a radius of 360 metres over the last 2 years.
The most recent example is Flat 46, Hutchings Wharf 1, Hutchings Street, London, E14 8JY, a leasehold flat which sold for £432,000 on the 8th September 2022.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Caravel Close, London, E14 has a total of 49 addresses. According to our analysis of all the public data, 39, Caravel Close is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £92k less expensive than the average property in E14.
The nearest school is Arnhem Wharf Primary School which is 102 metres away. The nearest train station is South Quay which is 800 metres away.
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