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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 3, Adriatic Building 51 is described in the public record as a modern apartment with 473 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a balcony.
Our estimate of the sale value of Flat 3, Adriatic Building 51 is £341,325 and its rental estimate is £2,020 per month, given the available information and assuming reasonable condition.
Adriatic Building, Narrow Street is a residential building on Narrow Street, London, E14 and falls within the E14 postal district and the London Borough of Tower Hamlets.
Flat 3, Adriatic Building 51 has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 3, Adriatic Building 51, we estimate a market value of £358,391 and a rental value of £2,121 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £317,432 and £1,878 per month respectively.
Over the last year, Flat 3, Adriatic Building 51 has seen its estimated sale value drop by £16,269 (4.8%) and its estimated rental value rise by £83 per month (4.1%). This results in an estimated gross rental yield of 7.1%.
Flat 3, Adriatic Building 51 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Sep 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The most recent sale of Flat 3, Adriatic Building 51 completed on 29th July 2002 at £174,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Over the past 2 years 3 properties similar to Flat 3, Adriatic Building 51 have sold within a radius of 330 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th April 2024, was Flat 20, 40, Horseferry Road, London, E14 8DF, a leasehold flat which sold for £310,000.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 748 addresses on Narrow Street, London, E14, Flat 3, Adriatic Building 51 comes out as the 722nd largest and the 726th most expensive in our analysis of the public data.
It is also £134k less expensive than the average property across the E14 district.
From Flat 3, Adriatic Building 51, the nearest station is Limehouse, 200 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 3, Adriatic Building 51, 52.2% of property is privately rented and 29.9% is socially rented.
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 3, Adriatic Building 51, 9.2% of residents are recorded as possessing school level qualifications and 72.9% 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 3, Adriatic Building 51, the average age was 32.1 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 3, Adriatic Building 51, 1.2% 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 3, Adriatic Building 51, 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.
