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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
According to the public record, Flat 403, Thorpe Court 2 is a modern leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 403, Thorpe Court 2 is £385,130 and the estimated rental value is £2,175 per month.
The apartment is within Thorpe Court, Bramble Path, London, E3.
Bramble Path, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 403, Thorpe Court 2 has a single entry in the Land Registry from November 2019 and a single entry in the EPC database dated June 2019.
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 403, Thorpe Court 2 is in very good condition we estimate a sale value of £404,386 and a rental value of £2,284 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £358,171 and a rental value of £2,023 per month.
Over the last 12 months the sale value of Flat 403 Thorpe Court 2 has decreased by an estimated £10,569 (2.7%) and its rental value has increased by an estimated £104 per month (4.8%), giving an expected gross yield of 6.8%.
Flat 403, Thorpe Court 2 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Jun 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, Flat 403, Thorpe Court 2 was last sold on 11th November 2019 for £387,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2019, the market for similar properties has dropped 10.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 403, Thorpe Court 2 within a radius of 320 metres over the last 2 years.
The most recent example is Flat 203, Thorpe Court 2, Bramble Path, London, E3 3XP, a leasehold flat which sold for £382,000 on the 28th October 2019.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bramble Path, London, E3 has a total of 24 addresses. According to our analysis of all the public data, Flat 403, Thorpe Court 2 is the 19th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £62k less expensive than the average property in E3.
The nearest school is Old Palace Primary School which is 264 metres away. The nearest train station is Bromley-by-Bow which is 500 metres away.
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