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According to the public record, Flat 301, Craig Tower 1 is a modern leasehold apartment with 322 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 301, Craig Tower 1 is £227,915 and the estimated rental value is £1,290 per month.
The apartment is within Craig Tower, Aqua Vista Square, London, E3.
Aqua Vista Square, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 301, Craig Tower 1 has 2 entries in the Land Registry , most recently in July 2016 and a single entry in the EPC database dated May 2021.
We combine this information with that 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.
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 301, Craig Tower 1 is in very good condition we estimate a sale value of £239,311 and a rental value of £1,355 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £211,961 and a rental value of £1,200 per month.
Over the last 12 months the sale value of Flat 301 Craig Tower 1 has decreased by an estimated £8,647 (3.8%) and its rental value has increased by an estimated £42 per month (3.2%), giving an expected gross yield of 6.8%.
Flat 301, Craig Tower 1 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 May 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, Flat 301, Craig Tower 1 was last sold on 6th July 2016 for £280,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since July 2016, the market for similar properties has dropped 11.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 301, Craig Tower 1 within a radius of 250 metres over the last 2 years.
The most recent example is Flat 104, Hallmark Court 6, Ursula Gould Way, London, E14 7FX, a leasehold flat which sold for £425,000 on the 7th December 2018.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Aqua Vista Square, London, E3 has a total of 136 addresses. According to our analysis of all the public data, Flat 301, Craig Tower 1 is the 136th largest and the 136th most expensive property on the street.
When compared to the postcode district it is £217k less expensive than the average property in E3.
The nearest school is Stebon Primary School which is 300 metres away. The nearest train station is Langdon Park which is 600 metres away.
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