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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
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According to the public record, Flat 44, Nova Building 3 is a modern leasehold apartment with 1,065 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 44, Nova Building 3 is £564,879 and the estimated rental value is £3,260 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 44, Nova Building 3 has 51 entries in the Land Registry , most recently in January 2022 and a single entry in the EPC database dated October 2020.
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 44, Nova Building 3 is in very good condition we estimate a sale value of £593,123 and a rental value of £3,423 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £525,337 and a rental value of £3,032 per month.
Over the last 12 months the sale value of Flat 44 Nova Building 3 has decreased by an estimated £23,093 (4.1%) and its rental value has increased by an estimated £169 per month (5.2%), giving an expected gross yield of 6.9%.
Flat 44, Nova Building 3 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Oct 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
According to HM Land Registry, Flat 44, Nova Building 3 was last sold on 28th January 2022 for £615,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since January 2022, the market for similar properties has dropped 10.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 44, Nova Building 3 within a radius of 420 metres over the last 2 years.
The most recent example is Flat 4, Nova Building 3, Newton Place, London, E14 3TT, a leasehold flat which sold for £551,000 on the 1st November 2024.
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 44, Nova Building 3 is the 36th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £90k more 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.
