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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
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According to the public record, Flat 1, Emerson Building 3 is a modern leasehold apartment with 667 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 Flat 1, Emerson Building 3 is £226,193 and the estimated rental value is £1,436 per month.
The apartment is within Emerson Building, Gladstone Place, London, E3.
Gladstone Place, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 1, Emerson Building 3 has a single entry in the Land Registry from April 2010 and a single entry in the EPC database dated January 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Flat 1, Emerson Building 3 is in very good condition we estimate a sale value of £237,502 and a rental value of £1,508 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £210,359 and a rental value of £1,336 per month.
Over the last 12 months the sale value of Flat 1 Emerson Building 3 has decreased by an estimated £6,045 (2.7%) and its rental value has increased by an estimated £66 per month (4.6%), giving an expected gross yield of 7.6%.
Flat 1, Emerson Building 3 has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Jan 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Flat 1, Emerson Building 3 was last sold on 23rd April 2010 for £100,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since April 2010, the market for similar properties has risen 41.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Emerson Building 3 within a radius of 260 metres over the last 2 years.
The most recent example is Flat 3, Emerson Building 3, Gladstone Place, London, E3 5EU, a leasehold flat which sold for £450,000 on the 6th November 2023.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gladstone Place, London, E3 has a total of 14 addresses. According to our analysis of all the public data, Flat 1, Emerson Building 3 is the 8th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £219k less expensive than the average property in E3.
The nearest school is Old Ford Primary - A Paradigm Academy which is 200 metres away. The nearest train station is Bow Road which is 700 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.
