Flat 9, Vera Court 1
Flat 9, Vera Court 1
Description & Estimates
Public records show Flat 9, Vera Court 1 to be a modern leasehold apartment with 635 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 9, Vera Court 1 has an estimated sale value of £309,866 and an estimated rental value of £1,970 per month, assuming reasonable condition and based on the information available.
The apartment sits within Vera Court, Grace Place, London, E3.
Grace Place, London, E3 lies in the borough of Tower Hamlets, within the E3 postal district.
Our Data Sources
Flat 9, Vera Court 1 has a single entry in the Land Registry from May 2013 and a single entry in the EPC database dated October 2022.
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.
Price Range & Condition
In very good condition, we estimate Flat 9, Vera Court 1 would be worth £325,360, with a potential rental value of £2,069 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £288,176, with a rental value of £1,832 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 9, Vera Court 1 has declined by £8,281 (2.7%) over the last year. During the same period, its estimated monthly rental value has climbed by £90 (4.6%). The property's estimated gross yield is currently 7.6%.
Energy Efficiency
Flat 9, Vera Court 1 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Oct 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 9, Vera Court 1 last changed hands on 24th May 2013, selling for £200,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 65.1% since May 2013.
- Sold May 2013£200,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 260 metres of Flat 9, Vera Court 1 across the last 2 years.
Most recently, Flat 13, Padstone House, Capulet Square, London, E3 3NE, a leasehold flat, sold at £385,000 on the 20th June 2022.
Read more about house prices in E3.
- Sold Jun 2022£385,000 | 2 Bed FlatPadstone House, Capulet SquareFlat 13, Padstone House, Capulet Square, London, E3 3NE
- Sold Jul 2018£325,000 | 2 Bed FlatPadstone House, Capulet SquareFlat 16, Padstone House, Capulet Square, London, E3 3NE
- Sold Apr 2017£330,000 | 2 Bed FlatWealden House, Capulet SquareFlat 16, Wealden House, Capulet Square, London, E3 3NG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 9, Vera Court 1 as the largest and the most expensive of the 9 addresses on Grace Place, London, E3.
Against the E3 postcode district average, it is £135k less expensive than the typical property.
More reading links
Schools Nearby
- 200mOld Palace Primary School
- 400mMarner Primary School
- 500mSt Agnes RC Primary School
- 400mBow School
- 400mHarris Science Academy East London
- 1.1kmCentral Foundation Girls' School
More reading links
Public Transport Nearby
Bromley-by-Bow station is the nearest stop to Flat 9, Vera Court 1 at 200 metres away.
- 200mBromley-by-Bow
- 500mDevons Road
- 600mBow Church
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
