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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, Falcon Way is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 827 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, Falcon Way is £496,448 and the estimated rental value is £2,707 per month.
Falcon Way, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
40, Falcon Way has a single entry in the Land Registry from May 2017 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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, Falcon Way is in very good condition we estimate a sale value of £521,271 and a rental value of £2,843 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £461,697 and a rental value of £2,518 per month.
Over the last 12 months the sale value of 40 Falcon Way has decreased by an estimated £13,565 (2.7%) and its rental value has increased by an estimated £150 per month (5.5%), giving an expected gross yield of 6.5%.
According to HM Land Registry, 40, Falcon Way was last sold on 12th May 2017 for £600,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2017, the market for similar properties has dropped 22.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Falcon Way within a radius of 430 metres over the last 2 years.
The most recent example is 2, Nauticus Walk, London, E14 9ZT, a leasehold flat which sold for £545,000 on the 8th August 2024.
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, 40, Falcon Way is the 8th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £24k more 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.
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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