According to the public record, 106, Gale Street, London is a mid-century leasehold apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Gale Street, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
106, Gale Street, London has 2 entries in the Land Registry database, most recently in November 2019 and a single entry in the EPC database dated January 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 106 Gale Street London as £318,994 and the rental value as £2,000 per month giving an expected gross yield of 7.5%.
Over the last 12 months the sale value of 106 Gale Street London has decreased by £2,149 (0.7%) and its rental value has increased by £65 per month (3.2%).
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 106, Gale Street, London is in very good condition we estimate a sale value of £334,944 and rental value of £2,100 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £296,665 and a rental value of £1,860 per month.
If you were able to purchase this property for the estimated value of £318,994, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,568 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 106, Gale Street, London was last sold on 29 Nov 2019 for £320,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2019, the market for similar properties has dropped 3.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 106, Gale Street, London within a radius of 240 metres over the last 2 years.
The most recent example is 70, Gale Street, London, E3 3RP, a Leasehold flat which sold for £346,000 in Jun 2023.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gale Street, London, E3 has a total of 122 addresses. According to our analysis of all the public data, 106, Gale Street, London is the 35th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £121k less expensive than the average property in E3.
106, Gale Street, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jan 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 106, Gale Street, London is Devons Road station which is 500 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 106, Gale Street, London, 63.1% of property is socially rented and 27.9% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 106, Gale Street, London, 31.0% of residents are recorded as possessing school level qualifications and 24.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 106, Gale Street, London, the average age was 31 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 106, Gale Street, London, 0.5% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 106, Gale Street, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.