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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
According to the public record, Flat 8, 42, Pancras Way is a modern leasehold apartment with 624 ft2 of internal area.
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 8, 42, Pancras Way is £206,476 and the estimated rental value is £1,311 per month.
The apartment is within 42, Pancras Way, London, E3.
Pancras Way, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 8, 42, Pancras Way has a single entry in the Land Registry from February 2020 and a single entry in the EPC database dated January 2018.
We combine this information with that 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 8, 42, Pancras Way is in very good condition we estimate a sale value of £216,800 and a rental value of £1,376 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £192,023 and a rental value of £1,219 per month.
Over the last 12 months the sale value of Flat 8 42 Pancras Way has decreased by an estimated £4,750 (2.3%) and its rental value has increased by an estimated £68 per month (5.2%), giving an expected gross yield of 7.6%.
Flat 8, 42, Pancras Way has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jan 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 8, 42, Pancras Way was last sold on 10th February 2020 for £212,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2020, the market for similar properties has dropped 7.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 8, 42, Pancras Way within a radius of 280 metres over the last 2 years.
The most recent example is Flat 4, 42, Pancras Way, London, E3 2SQ, a leasehold flat which sold for £105,000 on the 5th August 2019.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pancras Way, London, E3 has a total of 241 addresses. According to our analysis of all the public data, Flat 8, 42, Pancras Way is the 170th largest and the 236th most expensive property on the street.
When compared to the postcode district it is £240k less expensive than the average property in E3.
The nearest school is Mulberry UTC which is 247 metres away. The nearest train station is Bow Church which is 700 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.
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