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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 39, Nova Building 3 is £600,280 and the estimated rental value is £3,450 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 39, Nova Building 3 has 41 entries in the Land Registry , most recently in March 2017 and a single entry in the EPC database dated February 2011.
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 39, Nova Building 3 is in very good condition we estimate a sale value of £630,294 and a rental value of £3,622 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £558,261 and a rental value of £3,208 per month.
Over the last 12 months the sale value of Flat 39 Nova Building 3 has decreased by an estimated £24,540 (4.1%) and its rental value has increased by an estimated £179 per month (5.2%), giving an expected gross yield of 6.9%.
Flat 39, Nova Building 3 has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Feb 2011.
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 39, Nova Building 3 was last sold on 17th March 2017 for £625,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since March 2017, the market for similar properties has dropped 12.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 39, Nova Building 3 within a radius of 420 metres over the last 2 years.
The most recent example is Flat 4, Nova Building 3, Newton Place, London, E14 3TT, a leasehold flat which sold for £551,000 on the 1st November 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 39, Nova Building 3 is the 14th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £125k 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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