According to the public record, 23, Eric Street, London is a period freehold house with 1,420 ft2 of internal area and sits on a 74 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Eric Street, London, E3 is located in the borough of Tower Hamlets within the E3 postal district.
23, Eric Street, London has a single entry in the Land Registry database from January 2015 and a single entry in the EPC database dated March 2018.
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 23 Eric Street London as £769,248 and the rental value as £4,644 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 23 Eric Street London has increased by £7,692 (1.0%) and its rental value has increased by £240 per month (5.2%).
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 23, Eric Street, London is in very good condition we estimate a sale value of £807,711 and rental value of £4,877 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £715,401 and a rental value of £4,319 per month.
If you were able to purchase this property for the estimated value of £769,248, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,781 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, 23, Eric Street, London sits on a plot of 74m2.
We have plot size data on 11 out of 15 other houses in the postcode and 23, Eric Street, London sits on the 6th largest plot.
According to HM Land Registry, 23, Eric Street, London was last sold on 07 Jan 2015 for £625,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2015, the market for similar properties has risen 14.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Eric Street, London within a radius of 340 metres over the last 2 years.
The most recent example is 37, Eric Street, London, E3 4TG, a Freehold house which sold for £690,000 in May 2023.
Read more about house prices in E3.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Eric Street, London, E3 has a total of 256 addresses. According to our analysis of all the public data, 23, Eric Street, London is the 4th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £329k more expensive than the average property in E3.
23, Eric Street, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Mar 2018.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 23, Eric Street, 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 23, Eric Street, London, 41.8% of property is privately rented and 26.2% is socially 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 23, Eric Street, London, 25.6% of residents are recorded as possessing school level qualifications and 47.9% 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 23, Eric Street, London, the average age was 30.6 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 23, Eric Street, London, 0.9% 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 23, Eric Street, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.