Flat 304, Pilot House 6
Flat 304, Pilot House 6
Description & Estimates
Public records show Flat 304, Pilot House 6 to be a modern leasehold apartment with 1,054 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 304, Pilot House 6 has an estimated sale value of £556,310 and an estimated rental value of £3,216 per month, assuming reasonable condition and based on the information available.
The apartment sits within Pilot House, Ovex Close, London, E14.
Ovex Close, London, E14 lies in the borough of Tower Hamlets, within the E14 postal district.
Our Data Sources
Flat 304, Pilot House 6 has a single entry in the Land Registry from June 2022 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.
Price Range & Condition
In very good condition, we estimate Flat 304, Pilot House 6 would be worth £584,126, with a potential rental value of £3,376 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £517,369, with a rental value of £2,990 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 304, Pilot House 6 has declined by £23,360 (4.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £150 (4.7%). The property's estimated gross yield is currently 6.9%.
Energy Efficiency
Flat 304, 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.
Sold Prices
Flat 304, Pilot House 6 last changed hands on 30th June 2022, selling for £600,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 0.7% since June 2022.
- Sold Jun 2022£600,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 330 metres of Flat 304, Pilot House 6 across the last 2 years.
Most recently, Flat 504, Pilot House 6, Ovex Close, London, E14 3SQ, a leasehold flat, sold at £642,000 on the 22nd December 2022.
Read more about house prices in E14.
- Sold Dec 2022£642,000 | 3 Bed FlatPilot House 6, Ovex CloseFlat 504, Pilot House 6, Ovex Close, London, E14 3SQ
- Sold Aug 2022£600,000 | 3 Bed FlatPilot House 6, Ovex CloseFlat 205, Pilot House 6, Ovex Close, London, E14 3SQ
- Sold Jun 2022£600,000 | 3 Bed FlatPilot House 6, Ovex CloseFlat 404, Pilot House 6, Ovex Close, London, E14 3SQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 304, Pilot House 6 as the 14th largest and the 5th most expensive of the 134 addresses on Ovex Close, London, E14.
Against the E14 postcode district average, it is £81k more expensive than the typical property.
More reading links
Schools Nearby
- 300mCubitt Town Primary School
- 600mMulberry Wood Wharf Primary School
- 800mSt Luke's Church of England Primary School
- 600mCanary Wharf College Crossharbour
- 1.0kmGeorge Green's School
- 2.0kmLangdon Park Community School
More reading links
Public Transport Nearby
Crossharbour station is the nearest stop to Flat 304, Pilot House 6 at 500 metres away.
- 500mCrossharbour
- 600mSouth Quay
- 800mNorth Greenwich
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
