According to the public record, 16, Hereford Street, London is a mid-century apartment with 904 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Hereford Street, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
16, Hereford Street, London has no records in the Land Registry database and a single entry in the EPC database dated June 2019.
We combine this information with public data 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 16 Hereford Street London as £588,855 and the rental value as £3,032 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 16 Hereford Street London has increased by £5,910 (1.0%) and its rental value has increased by £160 per month (5.3%).
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 16, Hereford Street, London is in very good condition we estimate a sale value of £618,298 and rental value of £3,184 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £547,635 and a rental value of £2,820 per month.
If you were able to purchase this property for the estimated value of £588,855, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,894 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Hereford Street, London within a radius of 147m over the last 2 years.
The most recent example is 14, Goldman Close, London, E2 6EF, a Leasehold flat which sold for £502,000 in May 2024.
Read more about house prices in E2.
Our network of Estate Agents report 2 lets within a 231m radius of 16, Hereford Street, London over the last 2 years.
Most recently 45, Fuller Close, London, E2 6DX, a Leasehold flat let by Saint Andrews Bureau for an undisclosed amount in Dec 2023.
Hereford Street, London, E2 has a total of 39 addresses. According to our analysis of all the public data, 16, Hereford Street, London is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £77k more expensive than the average property in E2.
16, Hereford Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jun 2019.
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 16, Hereford Street, London is Bethnal Green station which is 400 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 16, Hereford Street, London, 39.4% of property is socially rented and 37.2% 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 16, Hereford Street, London, 14.2% of residents are recorded as possessing school level qualifications and 49.4% 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 16, Hereford Street, 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 16, Hereford Street, 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 16, Hereford Street, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.