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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 24, Nova Building 3 is a modern leasehold apartment with 1,442 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 24, Nova Building 3 is £679,708 and the estimated rental value is £3,906 per month.
The apartment is within Nova Building, Newton Place, London, E14.
Newton Place, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 24, Nova Building 3 has 21 entries in the Land Registry , most recently in November 2021 and a single entry in the EPC database dated September 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 24, Nova Building 3 is in very good condition we estimate a sale value of £713,693 and a rental value of £4,102 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £632,129 and a rental value of £3,633 per month.
Over the last 12 months the sale value of Flat 24 Nova Building 3 has decreased by an estimated £27,787 (4.1%) and its rental value has increased by an estimated £203 per month (5.2%), giving an expected gross yield of 6.9%.
Flat 24, Nova Building 3 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Sep 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
According to HM Land Registry, Flat 24, Nova Building 3 was last sold on 22nd November 2021 for £568,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since November 2021, the market for similar properties has dropped 10.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 24, Nova Building 3 within a radius of 420 metres over the last 2 years.
The most recent example is Flat 26, Poseidon Court, Homer Drive, London, E14 3UG, a leasehold flat which sold for £740,000 on the 3rd July 2024.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newton Place, London, E14 has a total of 142 addresses. According to our analysis of all the public data, Flat 24, Nova Building 3 is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £205k more expensive than the average property in E14.
The nearest school is Arnhem Wharf Primary School which is 300 metres away. The nearest train station is Mudchute which is 900 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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