According to the public record, 2, Scandrett Street, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 2,890 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Scandrett Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
2, Scandrett Street, London has 31 entries in the Land Registry database, most recently in June 2006 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Scandrett Street London as £787,784 and the rental value as £3,576 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 2 Scandrett Street London has increased by £6,762 (0.9%) and its rental value has increased by £191 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 2, Scandrett Street, London is in very good condition we estimate a sale value of £827,173 and rental value of £3,755 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £732,639 and a rental value of £3,326 per month.
If you were able to purchase this property for the estimated value of £787,784, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,872 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, 2, Scandrett Street, London was last sold on 22 Jun 2006 for £850,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 350 metres radius of 2, Scandrett Street, London over the last 2 years.
The most recent example is Flat 13, St. Johns Court 12, Scandrett Street, London, E1W 2UP, a Leasehold flat which sold for £850,000 in Sep 2022.
Read more about house prices in E1.
Scandrett Street, London, E1 has a total of 18 addresses. According to our analysis of all the public data, 2, Scandrett Street, London is the largest and the 11th most expensive property on the street.
When compared to the postcode district it is £266k more expensive than the average property in E1.
The closest station to 2, Scandrett Street, London is Wapping 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, Scandrett Street, London, 31.4% of property is socially rented and 28.9% 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, Scandrett Street, London, 22.7% of residents are recorded as possessing school level qualifications and 58.8% 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, Scandrett Street, London, the average age was 37.5 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, Scandrett Street, London, 0.3% 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, Scandrett 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.