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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, 5, Bowstring Plaza is a modern leasehold apartment with 968 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Bowstring Plaza is £630,650 and the estimated rental value is £3,180 per month.
Bowstring Plaza, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
5, Bowstring Plaza has a single entry in the Land Registry from June 2018 and a single entry in the EPC database dated May 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 5, Bowstring Plaza is in very good condition we estimate a sale value of £662,182 and a rental value of £3,339 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £586,504 and a rental value of £2,957 per month.
Over the last 12 months the sale value of 5 Bowstring Plaza has decreased by an estimated £11,174 (1.8%) and its rental value has increased by an estimated £167 per month (5.2%), giving an expected gross yield of 6.1%.
5, Bowstring Plaza has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 May 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, 5, Bowstring Plaza was last sold on 29th June 2018 for £570,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2018, the market for similar properties has dropped 13.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Bowstring Plaza within a radius of 290 metres over the last 2 years.
The most recent example is Flat 802, Salsabil Apartments 92, St. Clements Avenue, London, E3 4RJ, a leasehold flat which sold for £800,000 on the 13th December 2022.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bowstring Plaza, London, E3 has a total of 4 addresses. According to our analysis of all the public data, 5, Bowstring Plaza is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £184k more expensive than the average property in E3.
The nearest school is Central Foundation Girls' School which is 284 metres away. The nearest train station is Mile End which is 300 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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