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By comparing it to neighbours, we estimate that it is a modern apartment with 818 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 59, Falcon Way is £493,183 and the estimated rental value is £2,688 per month.
Falcon Way, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
59, Falcon Way has a single entry in the Land Registry from November 2011 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 59, Falcon Way is in very good condition we estimate a sale value of £517,842 and a rental value of £2,823 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £458,660 and a rental value of £2,500 per month.
Over the last 12 months the sale value of 59 Falcon Way has decreased by an estimated £13,476 (2.7%) and its rental value has increased by an estimated £149 per month (5.5%), giving an expected gross yield of 6.5%.
According to HM Land Registry, 59, Falcon Way was last sold on 16th November 2011 for £380,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2011, the market for similar properties has risen 16.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 59, Falcon Way within a radius of 430 metres over the last 2 years.
The most recent example is 62, Falcon Way, London, E14 9UP, a leasehold flat which sold for £485,000 on the 26th March 2021.
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, 59, Falcon Way is the 10th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £21k 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.
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