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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 603, Cobalt Point 38 is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 567 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 603, Cobalt Point 38 is £402,865 and the estimated rental value is £2,284 per month.
The apartment is within Cobalt Point, Millharbour, London, E14.
Millharbour, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 603, Cobalt Point 38 has 2 entries in the Land Registry , most recently in August 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 603, Cobalt Point 38 is in very good condition we estimate a sale value of £423,008 and a rental value of £2,398 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £374,664 and a rental value of £2,124 per month.
Over the last 12 months the sale value of Flat 603 Cobalt Point 38 has decreased by an estimated £13,099 (3.3%) and its rental value has increased by an estimated £118 per month (5.2%), giving an expected gross yield of 6.8%.
According to HM Land Registry, Flat 603, Cobalt Point 38 was last sold on 24th August 2018 for £380,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since August 2018, the market for similar properties has dropped 12.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 603, Cobalt Point 38 within a radius of 100 metres over the last 2 years.
The most recent example is Flat 507, Cobalt Point 38, Millharbour, London, E14 9JT, a leasehold flat which sold for £430,000 on the 15th August 2024.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millharbour, London, E14 has a total of 1137 addresses. According to our analysis of all the public data, Flat 603, Cobalt Point 38 is the 778th largest and the 640th most expensive property on the street.
When compared to the postcode district it is £70k less expensive than the average property in E14.
The nearest school is Seven Mills Primary School which is 340 metres away. The nearest train station is South Quay which is 300 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.
