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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
Flat 59, Berkeley House 14 is described in the public record as a mid-century apartment with 602 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 59, Berkeley House 14 is £211,977 and its rental estimate is £1,349 per month, given the available information and assuming reasonable condition.
Berkeley House, Wellington Way is a residential building on Wellington Way, London, E3 and falls within the E3 postal district and the London Borough of Tower Hamlets.
Flat 59, 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.
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 59, Berkeley House 14, we estimate a market value of £222,576 and a rental value of £1,417 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £197,139 and £1,255 per month respectively.
Over the last year, Flat 59, Berkeley House 14 has seen its estimated sale value decrease by £6,839 (3.2%) and its estimated rental value grow by £59 per month (4.4%). This results in an estimated gross rental yield of 7.6%.
Flat 59, Berkeley House 14 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Oct 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Over the past 2 years 3 properties similar to Flat 59, Berkeley House 14 have sold within a radius of 320 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th March 2018, was Flat 85, Grafton House 12, Wellington Way, London, E3 4UF, a leasehold flat which sold for £299,999.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 431 addresses on Wellington Way, London, E3, Flat 59, Berkeley House 14 comes out as the 313th largest and the 411th most expensive in our analysis of the public data.
It is also £233k less expensive than the average property across the E3 district.
From Flat 59, Berkeley House 14, the nearest station is Bow Road, 200 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 59, 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 59, 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 59, 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 59, 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 59, 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.
