Flat 42, Horizon Building 15
Flat 42, Horizon Building 15
Description & Estimates
Flat 42, Horizon Building 15 is recorded publicly as a modern leasehold apartment across 2,626 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 42, Horizon Building 15 is £1,087,344 and its rental estimate is £6,051 per month, given the available information and assuming reasonable condition.
Horizon Building, Hertsmere Road is a residential building on Hertsmere Road, London, E14 and falls within the E14 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 42, Horizon Building 15 has 31 entries in the Land Registry , most recently in January 2018 and a single entry in the EPC database dated December 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.
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 42, Horizon Building 15, we estimate a market value of £1,141,711 and a rental value of £6,354 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,011,230 and £5,627 per month respectively.
Recent Market Change
Over the last year, Flat 42, Horizon Building 15 has seen its estimated sale value move down by £44,452 (4.1%) and its estimated rental value increase by £315 per month (5.2%). This results in an estimated gross rental yield of 6.7%.
Energy Efficiency
Flat 42, Horizon Building 15 has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 14 Dec 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 42, Horizon Building 15 completed on 5th January 2018 at £1,508,600 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 44.9% over the period since January 2018.
- Sold Jan 2018£1,508,600
- Sold Jun 2013£1,325,000
- Sold Apr 2001£770,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 42, Horizon Building 15 have sold within a radius of 460 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th April 2019, was Apartment 2301, 26, Hertsmere Road, London, E14 4EF, a leasehold flat which sold for £1,150,000.
Read more about house prices in E14.
- Sold Apr 2019£1,150,000 | 3 Bed Flat26, Hertsmere RoadApartment 2301, 26, Hertsmere Road, London, E14 4EF
- Sold Mar 2016£1,100,000 | 3 Bed Flat18, Hertsmere RoadFlat B502, 18, Hertsmere Road, London, E14 4AY
- Sold Dec 2013£1,275,000 | 3 Bed Flat26, Hertsmere RoadApartment 1701, 26, Hertsmere Road, London, E14 4EF
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 311 addresses on Hertsmere Road, London, E14, Flat 42, Horizon Building 15 comes out as the 9th largest and the 17th most expensive in our analysis of the public data.
It is also £612k more expensive than the average property across the E14 district.
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Schools Nearby
- 300mOur Lady and St Joseph Catholic Primary School
- 400mMayflower Primary School
- 600mBygrove Primary School
- 1.0kmLangdon Park Community School
- 1.5kmCanary Wharf College Crossharbour
- 1.6kmBacon's College
More reading links
Public Transport Nearby
From Flat 42, Horizon Building 15, the nearest station is West India Quay, 100 metres away.
- 100mWest India Quay
- 300mPoplar
- 400mWestferry
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated low, based on Environment Agency data.
