According to the public record, 2, Codling Close, London is a modern house with 710 ft2 of internal area and sits on a 100 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Codling Close, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
2, Codling Close, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated July 2023.
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 2 Codling Close London as £730,530 and the rental value as £3,514 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 2 Codling Close London has decreased by £7,074 (1.0%) and its rental value has increased by £149 per month (4.2%).
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 2, Codling Close, London is in very good condition we estimate a sale value of £767,056 and rental value of £3,689 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £679,393 and a rental value of £3,268 per month.
If you were able to purchase this property for the estimated value of £730,530, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,590 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 data from HM Land Registry, 2, Codling Close, London sits on a plot of 100m2.
We have plot size data on 11 out of 12 other houses in the postcode and 2, Codling Close, London sits on the 4th largest plot.
According to HM Land Registry, 2, Codling Close, London was last sold on 02 May 2003 for £274,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Codling Close, London within a radius of 310 metres over the last 2 years.
The most recent example is 9, Codling Close, London, E1W 2UX, a Freehold house which sold for £705,000 in Aug 2023.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Codling Close, London, E1 has a total of 27 addresses. According to our analysis of all the public data, 2, Codling Close, London is the 12th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £209k more expensive than the average property in E1.
2, Codling Close, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Jul 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 2, Codling Close, London is Wapping 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 2, Codling Close, London, 61.9% of property is privately rented and 19.1% 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 2, Codling Close, London, 10.1% of residents are recorded as possessing school level qualifications and 79.6% 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 2, Codling Close, London, the average age was 32.5 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 2, Codling Close, London, 1.4% 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 2, Codling Close, 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.