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According to the public record, Flat 504, Pilot House 6 is a modern 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 504, 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 504, Pilot House 6 has no records in the the Land Registry and a single entry in the EPC database dated November 2021.
We combine this information with public data 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 504, 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 504 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 504, 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 504, Pilot House 6 within a radius of 330 metres over the last 2 years.
The most recent example is Flat 205, Pilot House 6, Ovex Close, London, E14 3SQ, a leasehold flat which sold for £600,000 on the 5th August 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 504, Pilot House 6 is the 12th largest and the 3rd 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.
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