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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 58, Berkeley House 14 is £268,202 and the estimated rental value is £1,740 per month.
The apartment is within Berkeley House, Wellington Way, London, E3.
Wellington Way, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 58, Berkeley House 14 has no records in the the Land Registry and a single entry in the EPC database dated October 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 58, Berkeley House 14 is in very good condition we estimate a sale value of £281,612 and a rental value of £1,827 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £249,428 and a rental value of £1,619 per month.
Over the past 12 months, the estimated sale value of Flat 58, Berkeley House 14 has decreased by £5,475 (2.0%), while its estimated rental value has grown by £88 per month (5.1%). Based on current estimates, the property offers a gross rental yield of 7.8%.
Flat 58, Berkeley House 14 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Oct 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 58, Berkeley House 14 within a radius of 320 metres over the last 2 years.
The most recent example is Flat 73, Grafton House 12, Wellington Way, London, E3 4UF, a leasehold flat which sold for £295,000 on the 28th October 2022.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wellington Way, London, E3 has a total of 431 addresses. According to our analysis of all the public data, Flat 58, Berkeley House 14 is the 46th largest and the 215th most expensive property on the street.
When compared to the postcode district it is £177k less expensive than the average property in E3.
The closest station to Flat 58, Berkeley House 14 is Bow Road station, which is 200 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 58, Berkeley House 14, 63.9% of property is socially rented and 26.5% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 58, Berkeley House 14, 24.0% of residents are recorded as possessing school level qualifications and 36.9% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 58, Berkeley House 14, the average age was 31 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 58, Berkeley House 14, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 58, Berkeley House 14, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.