According to the public record, 24, Portelet Road, London is a mid-century leasehold apartment with 1,097 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 24, Portelet Road, London, E1.
Portelet Road, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
24, Portelet Road, London has a single entry in the Land Registry database from June 2007 and a single entry in the EPC database dated April 2024.
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 24 Portelet Road London as £532,163 and the rental value as £2,968 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 24 Portelet Road London has decreased by £3,004 (0.6%) and its rental value has increased by £106 per month (3.6%).
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 24, Portelet Road, London is in very good condition we estimate a sale value of £558,772 and rental value of £3,116 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £494,912 and a rental value of £2,760 per month.
If you were able to purchase this property for the estimated value of £532,163, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,615 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, 24, Portelet Road, London was last sold on 04 Jun 2007 for £327,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2007, the market for similar properties has risen 61.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Portelet Road, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 40, Mary Mac Arthur House, Warley Street, London, E2 0QD, a Leasehold flat which sold for £495,000 in Jun 2021.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 310 metres radius of 24, Portelet Road, London over the last 2 years.
Most recently Flat 11, Rathnew Court 5, Meath Crescent, London, E2 0QG, a Leasehold flat let by London Property Management in Jul 2021.
Portelet Road, London, E1 has a total of 99 addresses. According to our analysis of all the public data, 24, Portelet Road, London is the 4th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £10k more expensive than the average property in E1.
24, Portelet Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Apr 2024.
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 24, Portelet Road, London is Stepney Green station which is 400 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 24, Portelet Road, London, 43.4% of property is socially rented and 37.8% 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 24, Portelet Road, London, 32.4% of residents are recorded as possessing school level qualifications and 30.9% 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 24, Portelet Road, London, the average age was 33.2 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 24, Portelet Road, London, 0.2% 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 24, Portelet Road, 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.