According to the public record, 2, College Terrace, London is a modern freehold house with 1,054 ft2 of internal area and sits on a 113 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
College Terrace, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
2, College Terrace, London has 41 entries in the Land Registry database, most recently in October 2022 and a single entry in the EPC database dated October 2015.
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 2 College Terrace London as £1,000,445 and the rental value as £4,744 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 2 College Terrace London has increased by £7,215 (0.7%) and its rental value has increased by £233 per month (4.9%).
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 2, College Terrace, London is in very good condition we estimate a sale value of £1,050,468 and rental value of £4,981 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £930,414 and a rental value of £4,412 per month.
If you were able to purchase this property for the estimated value of £1,000,445, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,917 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, College Terrace, London sits on a plot of 113m2.
We have plot size data on 6 out of 7 other houses in the postcode and 2, College Terrace, London sits on the 8th largest plot.
According to HM Land Registry, 2, College Terrace, London was last sold on 05 Oct 2022 for £1,052,500 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Oct 2022, the market for similar properties has dropped 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, College Terrace, London within a radius of 330 metres over the last 2 years.
The most recent example is 54, Lichfield Road, London, E3 5AL, a Freehold house which sold for £840,000 in Aug 2021.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
College Terrace, London, E3 has a total of 41 addresses. According to our analysis of all the public data, 2, College Terrace, London is the 6th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £561k more expensive than the average property in E3.
2, College Terrace, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 30 Oct 2015.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 2, College Terrace, London is Mile End 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 2, College Terrace, London, 34.8% of property is privately owned with a mortgage and 31.9% 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 2, College Terrace, London, 16.9% of residents are recorded as possessing school level qualifications and 69.7% 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 2, College Terrace, London, the average age was 34.8 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 2, College Terrace, London, 2.5% 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, College Terrace, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.