According to the public record, 121, Jamaica Street, London is a mid-century leasehold apartment with 215 ft2 of internal area.
Apartments of this size in this area are normally studios.
Jamaica Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
121, Jamaica Street, London has a single entry in the Land Registry database from May 2014 and a single entry in the EPC database dated May 2023.
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 121 Jamaica Street London as £158,371 and the rental value as £966 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 121 Jamaica Street London has decreased by £1,864 (1.2%) and its rental value has increased by £41 per month (4.3%).
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 121, Jamaica Street, London is in very good condition we estimate a sale value of £166,290 and rental value of £1,014 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £147,285 and a rental value of £898 per month.
If you were able to purchase this property for the estimated value of £158,371, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £778 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, 121, Jamaica Street, London was last sold on 07 May 2014 for £167,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2014, the market for similar properties has risen 6.3%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 270 metres radius of 121, Jamaica Street, London over the last 2 years.
The most recent example is 123, Jamaica Street, London, E1 0PE, a Leasehold flat which sold for £287,000 in Nov 2022.
Read more about house prices in E1.
Our network of Estate Agents report 1 let within a 270 metres radius of 121, Jamaica Street, London over the last 2 years.
Most recently Flat 24, Stepney City Apartments 49, Clark Street, London, E1 3HS, a Leasehold flat let by Fine Living in Feb 2022.
Jamaica Street, London, E1 has a total of 247 addresses. According to our analysis of all the public data, 121, Jamaica Street, London is the 247th largest and the 247th most expensive property on the street.
When compared to the postcode district it is £363k less expensive than the average property in E1.
121, Jamaica Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 May 2023.
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 121, Jamaica Street, London is Stepney Green station which is 600 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 121, Jamaica Street, London, 66.0% of property is socially rented and 22.2% 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 121, Jamaica Street, London, 30.6% of residents are recorded as possessing school level qualifications and 26.7% 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 121, Jamaica Street, 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 121, Jamaica Street, London, 0.0% 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 121, Jamaica Street, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.