According to the public record, 11, Nicholas House 3, London is a period leasehold apartment and with 685 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Nicholas House, Old Nichol Street, London, E2.
Old Nichol Street, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
11, Nicholas House 3, London has 2 entries in the Land Registry database, most recently in November 2020 and a single entry in the EPC database dated July 2011.
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 11 Nicholas House 3 London as £687,730 and the rental value as £2,910 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 11 Nicholas House 3 London has decreased by £1,803 (0.3%) and its rental value has increased by £129 per month (4.4%).
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 11, Nicholas House 3, London is in very good condition we estimate a sale value of £722,117 and rental value of £3,055 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £639,589 and a rental value of £2,706 per month.
If you were able to purchase this property for the estimated value of £687,730, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,380 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, 11, Nicholas House 3, London was last sold on 25 Nov 2020 for £737,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2020, the market for similar properties has risen 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 11, Nicholas House 3, London within a radius of 0m over the last 2 years.
The most recent example is 12, Nicholas House 3, Old Nichol Street, London, E2 7DF, a Leasehold flat which sold for £725,000 in Apr 2023.
Read more about house prices in E2.
Our network of Estate Agents report 2 lets within a 120m radius of 11, Nicholas House 3, London over the last 2 years.
Most recently Flat 4, Element Court 11, Chance Street, London, E2 7JB, a Leasehold flat let by Saint Andrews Bureau for an undisclosed amount in Oct 2023.
Old Nichol Street, London, E2 has a total of 73 addresses. According to our analysis of all the public data, 11, Nicholas House 3, London is the 51st largest and the 28th most expensive property on the street.
When compared to the postcode district it is £176k more expensive than the average property in E2.
11, Nicholas House 3, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Jul 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 11, Nicholas House 3, London is Shoreditch High Street station which is 300 m 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 11, Nicholas House 3, London, 47.3% of property is privately rented and 24.0% is socially 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 11, Nicholas House 3, London, 13.7% of residents are recorded as possessing school level qualifications and 72.1% 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 11, Nicholas House 3, London, the average age was 32.1 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 11, Nicholas House 3, London, 0.6% 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 11, Nicholas House 3, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.