According to the public record, 11, Pier Head, London is a leasehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,459 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Pier Head, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
11, Pier Head, London has a single entry in the Land Registry database from May 2019 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 11 Pier Head London as £1,973,009 and the rental value as £7,151 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 11 Pier Head London has decreased by £17,612 (0.9%) and its rental value has increased by £251 per month (3.5%).
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, Pier Head, London is in very good condition we estimate a sale value of £2,071,659 and rental value of £7,509 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,834,898 and a rental value of £6,651 per month.
If you were able to purchase this property for the estimated value of £1,973,009, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £9,697 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, Pier Head, London was last sold on 31 May 2019 for £1,850,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2019, the market for similar properties has risen 4.8%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 11, Pier Head, London within a radius of 390 metres over the last 2 years.
The most recent example is 3, National Terrace, London, SE16 4TZ, a Freehold house which sold for £1,270,000 in Nov 2013.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pier Head, London, E1 has a total of 37 addresses. According to our analysis of all the public data, 11, Pier Head, London is the 16th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £1.451m more expensive than the average property in E1.
The closest station to 11, Pier Head, London is Wapping station which is 400 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 11, Pier Head, London, 51.0% of property is privately rented and 27.8% is privately owned outright.
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, Pier Head, London, 7.7% of residents are recorded as possessing school level qualifications and 76.2% 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, Pier Head, London, the average age was 37.5 and the most common age was 32.
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, Pier Head, London, 3.4% 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, Pier Head, 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.