Flat 40, Perley House 2
Flat 40, Perley House 2
Description & Estimates
Flat 40, Perley House 2 is recorded publicly as a mid-century leasehold apartment across 538 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 40, Perley House 2 is £251,625 and its rental estimate is £1,606 per month, given the available information and assuming reasonable condition.
Perley House, Weatherley Close is a residential building on Weatherley Close, London, E3 and falls within the E3 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 40, Perley House 2 has 81 entries in the Land Registry , most recently in October 2016 and a single entry in the EPC database dated January 2014.
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
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 40, Perley House 2, we estimate a market value of £264,206 and a rental value of £1,686 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £234,011 and £1,494 per month respectively.
Recent Market Change
Over the last year, Flat 40, Perley House 2 has seen its estimated sale value drop by £8,118 (3.2%) and its estimated rental value rise by £71 per month (4.4%). This results in an estimated gross rental yield of 7.7%.
Energy Efficiency
Flat 40, Perley House 2 has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Jan 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
The most recent sale of Flat 40, Perley House 2 completed on 7th October 2016 at £320,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 8 times.
Values of comparable properties have dropped by 10.4% over the period since October 2016.
- Sold Oct 2016£320,000
- Sold Dec 2013£150,000
- Sold Jun 2010£141,250
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 40, Perley House 2 have sold within a radius of 300 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd July 2024, was Flat 44, Perley House 2, Weatherley Close, London, E3 4BQ, a leasehold flat which sold for £230,000.
Read more about house prices in E3.
- Sold Jul 2024£230,000 | 2 Bed FlatPerley House 2, Weatherley CloseFlat 44, Perley House 2, Weatherley Close, London, E3 4BQ
- Sold Jan 2024£270,000 | 1 Bed FlatStileman House 82, Ackroyd DriveFlat 52, Stileman House 82, Ackroyd Drive, London, E3 4AS
- Sold Jan 2022£295,000 | 2 Bed FlatCouzens House, Weatherley CloseFlat 27, Couzens House, Weatherley Close, London, E3 4BG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 88 addresses on Weatherley Close, London, E3, Flat 40, Perley House 2 comes out as the 86th largest and the 87th most expensive in our analysis of the public data.
It is also £194k less expensive than the average property across the E3 district.
More reading links
Schools Nearby
- 100mSt Paul With St Luke CofE Primary Federation
- 300mStebon Primary School
- 600mThe Clara Grant Primary School
- 900mCentral Foundation Girls' School
- 1.1kmMulberry Stepney Green Mathematics and Computing College
- 1.1kmLangdon Park Community School
More reading links
Public Transport Nearby
From Flat 40, Perley House 2, the nearest station is Devons Road, 800 metres away.
- 800mDevons Road
- 800mMile End
- 900mBow Road
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
