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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Flat 83, Marner Point 1 is a modern leasehold apartment with 1,001 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, Marner Point 1 is £563,924 and the estimated rental value is £3,057 per month.
The apartment is within Marner Point, Jefferson Plaza, London, E3.
Jefferson Plaza, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
Flat 83, Marner Point 1 has a single entry in the Land Registry from March 2013 and a single entry in the EPC database dated February 2023.
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 83, Marner Point 1 is in very good condition we estimate a sale value of £592,120 and a rental value of £3,210 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £524,449 and a rental value of £2,843 per month.
Over the last 12 months the sale value of Flat 83 Marner Point 1 has decreased by an estimated £11,513 (2.0%) and its rental value has increased by an estimated £155 per month (5.1%), giving an expected gross yield of 6.5%.
Flat 83, Marner Point 1 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Feb 2023.
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 83, Marner Point 1 was last sold on 28th March 2013 for £386,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2013, the market for similar properties has risen 23.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 83, Marner Point 1 within a radius of 220 metres over the last 2 years.
The most recent example is Apartment 307, Riverstone Heights 4, Mayfly Close, London, E3 3ZG, a leasehold flat which sold for £169,500 on the 22nd March 2024.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Jefferson Plaza, London, E3 has a total of 184 addresses. According to our analysis of all the public data, Flat 83, Marner Point 1 is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £119k more expensive than the average property in E3.
The nearest school is Marner Primary School which is 200 metres away. The nearest train station is Bromley-by-Bow which is 0 metres away.
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