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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Flat 404, Pilot House 6 is a modern leasehold apartment with 1,054 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 404, Pilot House 6 is £556,310 and the estimated rental value is £3,216 per month.
The apartment is within Pilot House, Ovex Close, London, E14.
Ovex Close, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 404, 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.
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 404, Pilot House 6 is in very good condition we estimate a sale value of £584,126 and a rental value of £3,376 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £517,369 and a rental value of £2,990 per month.
Over the last 12 months the sale value of Flat 404 Pilot House 6 has decreased by an estimated £23,360 (4.2%) and its rental value has increased by an estimated £150 per month (4.7%), giving an expected gross yield of 6.9%.
Flat 404, 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.
According to HM Land Registry, Flat 404, Pilot House 6 was last sold on 14th June 2022 for £600,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2022, the market for similar properties has dropped 0.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 404, Pilot House 6 within a radius of 330 metres over the last 2 years.
The most recent example is Flat 504, Pilot House 6, Ovex Close, London, E14 3SQ, a leasehold flat which sold for £642,000 on the 22nd December 2022.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ovex Close, London, E14 has a total of 134 addresses. According to our analysis of all the public data, Flat 404, Pilot House 6 is the 13th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £81k more expensive than the average property in E14.
The nearest school is Cubitt Town Primary School which is 300 metres away. The nearest train station is Crossharbour which is 500 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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