According to the public record, 120, Stepney Green, London is a mid-century leasehold apartment with 847 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 120, Stepney Green, London, E1.
Stepney Green, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
120, Stepney Green, London has 31 entries in the Land Registry database, most recently in March 2018 and a single entry in the EPC database dated February 2012.
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 120 Stepney Green London as £418,729 and the rental value as £2,407 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 120 Stepney Green London has decreased by £4,496 (1.1%) and its rental value has increased by £95 per month (3.9%).
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 120, Stepney Green, London is in very good condition we estimate a sale value of £439,665 and rental value of £2,527 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £389,418 and a rental value of £2,238 per month.
If you were able to purchase this property for the estimated value of £418,729, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,058 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, 120, Stepney Green, London was last sold on 23 Mar 2018 for £500,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2018, the market for similar properties has dropped 4.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 120, Stepney Green, London within a radius of 310 metres over the last 2 years.
The most recent example is 128A, Stepney Green, London, E1 3JJ, a Leasehold flat which sold for £428,500 in Nov 2022.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stepney Green, London, E1 has a total of 331 addresses. According to our analysis of all the public data, 120, Stepney Green, London is the 89th largest and the 135th most expensive property on the street.
When compared to the postcode district it is £103k less expensive than the average property in E1.
120, Stepney Green, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Feb 2012.
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 120, Stepney Green, London is Stepney Green station which is 300 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 120, Stepney Green, London, 44.1% of property is privately rented and 21.3% is privately owned with a mortgage.
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 120, Stepney Green, London, 23.3% of residents are recorded as possessing school level qualifications and 51.5% 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 120, Stepney Green, London, the average age was 33.6 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 120, Stepney Green, 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 120, Stepney Green, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.