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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 41, Nova Building 3 is a modern leasehold apartment with 699 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 41, Nova Building 3 is £432,262 and the estimated rental value is £2,550 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 41, Nova Building 3 has 51 entries in the Land Registry , most recently in January 2024 and a single entry in the EPC database dated August 2022.
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 41, Nova Building 3 is in very good condition we estimate a sale value of £453,876 and a rental value of £2,677 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £402,004 and a rental value of £2,371 per month.
Over the last 12 months the sale value of Flat 41 Nova Building 3 has decreased by an estimated £17,331 (4.0%) and its rental value has increased by an estimated £113 per month (4.4%), giving an expected gross yield of 7.1%.
Flat 41, Nova Building 3 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Aug 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric ceiling heating.
According to HM Land Registry, Flat 41, Nova Building 3 was last sold on 31st January 2024 for £407,500 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since January 2024, the market for similar properties has dropped 8.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 41, Nova Building 3 within a radius of 420 metres over the last 2 years.
The most recent example is Flat 35, Nova Building 3, Newton Place, London, E14 3TT, a leasehold flat which sold for £372,000 on the 14th July 2022.
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 41, Nova Building 3 is the 125th largest and the 124th most expensive property on the street.
When compared to the postcode district it is £43k less 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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