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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 202, Pilot House 6 is a modern leasehold apartment with 1,097 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 202, Pilot House 6 is £570,373 and the estimated rental value is £3,278 per month.
The apartment is within Pilot House, Ovex Close, London, E14.
Ovex Close, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 202, Pilot House 6 has a single entry in the Land Registry from January 2023 and a single entry in the EPC database dated November 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 202, Pilot House 6 is in very good condition we estimate a sale value of £598,891 and a rental value of £3,442 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £530,447 and a rental value of £3,049 per month.
Over the past 12 months, the estimated sale value of Flat 202, Pilot House 6 has dropped by £23,951 (4.2%), while its estimated rental value has risen by £153 per month (4.7%). Based on current estimates, the property offers a gross rental yield of 6.9%.
Flat 202, Pilot House 6 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Nov 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, Flat 202, Pilot House 6 was last sold on 27th January 2023 for £600,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2023, the market for similar properties has risen by 0.9%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 202, Pilot House 6 within a radius of 330 metres over the last 2 years.
The most recent example is Flat 504, Pilot House 6, Ovex Close, London, E14 3SQ, a leasehold flat which sold for £642,000 on the 22nd December 2022.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ovex Close, London, E14 has a total of 134 addresses. According to our analysis of all the public data, Flat 202, Pilot House 6 is the 9th largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £95k more expensive than the average property in E14.
The closest station to Flat 202, Pilot House 6 is Crossharbour station, which is 500 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 202, Pilot House 6, 53.6% of property is socially rented and 39.2% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 202, Pilot House 6, 12.2% of residents are recorded as possessing school level qualifications and 47.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 202, Pilot House 6, the average age was 34.3 and the most common age was 32.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 202, Pilot House 6, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 202, Pilot House 6, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
