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According to the public record, 6, Homer Drive is a modern leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 6, Homer Drive is £319,449 and the estimated rental value is £1,838 per month.
Homer Drive, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
6, Homer Drive has 71 entries in the Land Registry , most recently in November 2010 and a single entry in the EPC database dated June 2020.
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 6, Homer Drive is in very good condition we estimate a sale value of £335,422 and a rental value of £1,930 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £297,088 and a rental value of £1,709 per month.
Over the last 12 months the sale value of 6 Homer Drive has decreased by an estimated £8,536 (2.7%) and its rental value has increased by an estimated £99 per month (5.4%), giving an expected gross yield of 6.9%.
6, Homer Drive has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Jun 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
According to HM Land Registry, 6, Homer Drive was last sold on 19th November 2010 for £201,000 and was recorded as a leasehold flat.
The property has had 7 sales since 1995.
Since November 2010, the market for similar properties has risen 29.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Homer Drive within a radius of 370 metres over the last 2 years.
The most recent example is Flat 13, Aphrodite Court, Homer Drive, London, E14 3UE, a leasehold flat which sold for £300,000 on the 15th April 2024.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Homer Drive, London, E14 has a total of 172 addresses. According to our analysis of all the public data, 6, Homer Drive is the 164th largest and the 152nd most expensive property on the street.
When compared to the postcode district it is £153k less expensive than the average property in E14.
The nearest school is St Edmund's Catholic School which is 189 metres away. The nearest train station is Mudchute which is 800 metres away.
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