Flat 15, Faraday House
Flat 15, Faraday House
Description & Estimates
According to the public record, Flat 15, Faraday House is an early-century leasehold apartment with 505 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 Flat 15, Faraday House is £274,125 and the estimated rental value is £1,615 per month.
The apartment is within Faraday House, Brightlingsea Place, London, E14.
Brightlingsea Place, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Our Data Sources
Flat 15, Faraday House has 2 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated October 2020.
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.
Price Range & Condition
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 15, Faraday House is in very good condition we estimate a sale value of £287,832 and a rental value of £1,695 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £254,937 and a rental value of £1,502 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 15, Faraday House has decreased by £12,308 (4.5%), while its estimated rental value has grown by £69 per month (4.3%). Based on current estimates, the property offers a gross rental yield of 7.1%.
Energy Efficiency
Flat 15, Faraday House has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 15, Faraday House was last sold on 29th June 2021 for £310,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2021, the market for similar properties has dropped by 17.2%.
- Sold Jun 2021£310,000
- Sold Feb 2016£184,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 15, Faraday House within a radius of 350 metres over the last 2 years.
The most recent example is 77, Narrow Street, London, E14 8DP, a leasehold flat which sold for £265,000 on the 6th September 2024.
Read more about house prices in E14.
- Sold Sep 2024£265,000 | 2 Bed FlatNarrow Street77, Narrow Street, London, E14 8DP
- Sold Jul 2024£300,000 | 1 Bed FlatKiln Court 18, Newell StreetFlat 60, Kiln Court 18, Newell Street, London, E14 7JP
- Sold Jun 2021£265,000 | 1 Bed FlatOast Court 10, Three Colt StreetFlat 20, Oast Court 10, Three Colt Street, London, E14 8HZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Brightlingsea Place, London, E14 has a total of 58 addresses. According to our analysis of all the public data, Flat 15, Faraday House is the 58th largest and the 58th most expensive property on the street.
When compared to the postcode district it is £201k less expensive than the average property in E14.
More reading links
Schools Nearby
- 300mCyril Jackson Primary School
- 500mSir William Burrough Primary School
- 500mStepney Greencoat Church of England Primary School
- 1.0kmBacon's College
- 1.1kmStepney All Saints Church of England Secondary School
- 1.2kmMulberry Stepney Green Mathematics and Computing College
More reading links
Public Transport Nearby
The closest station to Flat 15, Faraday House is Westferry station, which is 500 metres away.
- 500mWestferry
- 500mLimehouse
- 900mWest India Quay
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be low.
