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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
Flat 203, Platinum Court 3 is recorded publicly as a modern Leasehold apartment across 322 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 203, Platinum Court 3 is £390,430 and its rental estimate is £1,674 per month, given the available information and assuming reasonable condition.
Platinum Court, Cephas Avenue is a residential building on Cephas Avenue, London, E1 and falls within the E1 postal district and the London Borough of Tower Hamlets.
Flat 203, Platinum Court 3 has a single entry in the Land Registry from November 2009 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 2 out of 5 and is considered of medium accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 203, Platinum Court 3, we estimate a market value of £409,951 and a rental value of £1,758 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £363,100 and £1,557 per month respectively.
Over the last year, Flat 203, Platinum Court 3 has seen its estimated sale value decrease by £10,979 (2.8%) and its estimated rental value grow by £90 per month (5.4%). This results in an estimated gross rental yield of 5.1%.
Flat 203, Platinum Court 3 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 203, Platinum Court 3 completed on 19th November 2009 at £250,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 57.6% over the period since November 2009.
Over the past 2 years 3 properties similar to Flat 203, Platinum Court 3 have sold within a radius of 270 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th March 2010, was Flat 103, Platinum Court 3, Cephas Avenue, London, E1 4FF, a leasehold flat which sold for £250,000.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 163 addresses on Cephas Avenue, London, E1, Flat 203, Platinum Court 3 comes out as the 134th largest and the 117th most expensive in our analysis of the public data.
It is also £125k less expensive than the average property across the E1 district.
From Flat 203, Platinum Court 3, the nearest station is Stepney Green, 200 metres away.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 203, Platinum Court 3, 68.5% of property is privately rented and 16.7% is privately owned outright.
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 203, Platinum Court 3, 33.6% of residents are recorded as possessing school level qualifications and 72.8% 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 203, Platinum Court 3, the average age was 32.1 and the most common age was 27.
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 203, Platinum Court 3, 1.1% 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 203, Platinum Court 3, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
