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According to the public record, Flat 83, Galaxy Building 5 is a modern leasehold apartment with 1,603 ft2 of internal area.
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 83, Galaxy Building 5 is £664,157 and the estimated rental value is £3,817 per month.
The apartment is within Galaxy Building, Crews Street, London, E14.
Crews Street, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 83, Galaxy Building 5 has 21 entries in the Land Registry , most recently in March 2023 and a single entry in the EPC database dated December 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 83, Galaxy Building 5 is in very good condition we estimate a sale value of £697,365 and a rental value of £4,008 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £617,666 and a rental value of £3,550 per month.
Over the last 12 months the sale value of Flat 83 Galaxy Building 5 has decreased by an estimated £27,152 (4.1%) and its rental value has increased by an estimated £198 per month (5.2%), giving an expected gross yield of 6.9%.
Flat 83, Galaxy Building 5 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Dec 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
According to HM Land Registry, Flat 83, Galaxy Building 5 was last sold on 8th March 2023 for £895,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since March 2023, the market for similar properties has dropped 9.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 83, Galaxy Building 5 within a radius of 380 metres over the last 2 years.
The most recent example is 26, Orion Point 7, Crews Street, London, E14 3TU, a leasehold flat which sold for £1,375,000 on the 6th June 2024.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Crews Street, London, E14 has a total of 191 addresses. According to our analysis of all the public data, Flat 83, Galaxy Building 5 is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £189k more expensive than the average property in E14.
The nearest school is St Edmund's Catholic School which is 200 metres away. The nearest train station is Mudchute which is 800 metres away.
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