Property details for Apartment 1, Avantgarde Tower, 1 Avantgarde Place, London E1 6GR
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Monthly running costs Beta
Monthly repayment£xxx.xx for xx months
Repayment mortgage of £100,500 with 240 monthly repayments. At end of initial period mortgage reverts to Standard Variable Rate (currently 3.74%, costing £562.28 p/m) for 120 months. Total amount payable 132,311: Interest (£30,236); Application fee (£999); Valuation fee (£335); Legal fee (£126); Funds transfer fee (£35); Mortgage discharge fee (£80); Fees are assumed to be paid up front and not included in the amount borrowed. Costs based on assumed completion date of 31/10/2017.
The average property value derives from the Zoopla Estimate, which is our assessment of the current market value of a property according to the value of other properties in the area. Our data may be incomplete or inaccurate. Learn more
The initial estimated monthly remortgage payment is calculated using a loan to value of 60% of the current value of a property, a term of 25 years, and a representative interest rate of 1.5%.
It is important to note that the mortgage repayments figure shown is only intended as a guide.
Ensure mortgage lenders are consulted to obtain an accurate quote. We do not accept any responsibility for any inaccuracies or errors in this regard.
Home InsuranceRebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £36/mo (£426/yr)
Source: Autonet Insurance Ltd
EnergyGas £39 Electricity £46 Estimated energy cost £85/mo (£1,015/yr)
Similar properties could save up to £256How Much Could I Save?
Gas: 9500 kWh/year
Electricity: 2800 kWh/year
Source: National Energy Efficiency Data Framework
Local authorityEstimated tax band F Council tax cost £180 /mo
when paid over 10 months
Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.
WaterSupply £13 Sewerage £13 Estimated water cost £26 /mo
Total annual consumption (in cubic meters) is then averaged into a monthly cost.
Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.
Property type: Flat | Last sale: £525,000 | Sale date: 28th Jan 2014 New buildThis 2 bed flat is located at Avantgarde Tower, 1 Avantgarde Place, London E1 6GR and has an estimated current value of £657,000. Avantgarde Place has 248 flats on it with a average current value of £629,855, compared to an average property value of £589,424 for E1. There have been 264 property sales on Avantgarde Place, E1 over the last 5 years with an average house price paid of £548,284 and this flat was last sold on 28th Jan 2014 for £525,000. There are currently 936 houses and flats for sale in E1 with an average asking price of £814,946 and 1582 homes to rent in E1 with an average asking rent of £499 pw.
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