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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
According to the public record, 40, Caravel Close is a modern leasehold apartment with 635 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 40, Caravel Close is £348,665 and the estimated rental value is £2,035 per month.
Caravel Close, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
40, Caravel Close has 21 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated November 2020.
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.
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 40, Caravel Close is in very good condition we estimate a sale value of £366,098 and a rental value of £2,137 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £324,258 and a rental value of £1,893 per month.
Over the last 12 months the sale value of 40 Caravel Close has decreased by an estimated £9,527 (2.7%) and its rental value has increased by an estimated £113 per month (5.5%), giving an expected gross yield of 7%.
40, Caravel Close has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Nov 2020.
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, 40, Caravel Close was last sold on 7th September 2021 for £313,375 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2021, the market for similar properties has risen 20.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Caravel Close within a radius of 360 metres over the last 2 years.
The most recent example is 33, Caravel Close, London, E14 8PD, a leasehold flat which sold for £340,000 on the 13th January 2023.
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, 40, Caravel Close is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £124k 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.
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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