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According to the public record, Flat 62, 1, Forge Square is a modern leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 62, 1, Forge Square is £402,731 and the estimated rental value is £2,368 per month.
The apartment is within 1, Forge Square, London, E14.
Forge Square, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 62, 1, Forge Square has 2 entries in the Land Registry , most recently in December 2015 and a single entry in the EPC database dated December 2020.
We combine this information with that 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 62, 1, Forge Square is in very good condition we estimate a sale value of £422,867 and a rental value of £2,486 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £374,540 and a rental value of £2,202 per month.
Over the last 12 months the sale value of Flat 62 1 Forge Square has decreased by an estimated £13,094 (3.3%) and its rental value has increased by an estimated £123 per month (5.2%), giving an expected gross yield of 7.1%.
Flat 62, 1, Forge Square has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Dec 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, Flat 62, 1, Forge Square was last sold on 23rd December 2015 for £395,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since December 2015, the market for similar properties has dropped 11.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 62, 1, Forge Square within a radius of 280 metres over the last 2 years.
The most recent example is Flat 19, Beacon House 4, Burrells Wharf Square, London, E14 3TJ, a leasehold flat which sold for £293,000 on the 13th December 2024.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forge Square, London, E14 has a total of 178 addresses. According to our analysis of all the public data, Flat 62, 1, Forge Square is the 132nd largest and the 67th 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 Harbinger Primary School which is 72 metres away. The nearest train station is Mudchute which is 400 metres away.
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