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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, Flat 1207, Cobalt Point 38 is a modern leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1207, Cobalt Point 38 is £402,112 and the estimated rental value is £2,342 per month.
The apartment is within Cobalt Point, Millharbour, London, E14.
Millharbour, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 1207, Cobalt Point 38 has a single entry in the Land Registry from May 2011 and a single entry in the EPC database dated May 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 Flat 1207, Cobalt Point 38 is in very good condition we estimate a sale value of £422,218 and a rental value of £2,459 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £373,964 and a rental value of £2,178 per month.
Over the last 12 months the sale value of Flat 1207 Cobalt Point 38 has decreased by an estimated £16,122 (4.0%) and its rental value has increased by an estimated £104 per month (4.4%), giving an expected gross yield of 7%.
Flat 1207, Cobalt Point 38 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 May 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, Flat 1207, Cobalt Point 38 was last sold on 25th May 2011 for £368,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2011, the market for similar properties has risen 26.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1207, Cobalt Point 38 within a radius of 100 metres over the last 2 years.
The most recent example is Flat 507, Cobalt Point 38, Millharbour, London, E14 9JT, a leasehold flat which sold for £430,000 on the 15th August 2024.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millharbour, London, E14 has a total of 1137 addresses. According to our analysis of all the public data, Flat 1207, Cobalt Point 38 is the 758th largest and the 675th most expensive property on the street.
When compared to the postcode district it is £73k less expensive than the average property in E14.
The nearest school is Seven Mills Primary School which is 300 metres away. The nearest train station is South Quay 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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