According to the public record, 24, Wood Close, London is a modern leasehold apartment and with 850 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Wood Close, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
24, Wood Close, London has 41 entries in the Land Registry database, most recently in June 2021 and a single entry in the EPC database dated April 2016.
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 Wood Close London as £606,397 and the rental value as £2,995 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 24 Wood Close London has increased by £6,086 (1.0%) and its rental value has increased by £158 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 24, Wood Close, London is in very good condition we estimate a sale value of £636,717 and rental value of £3,145 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £563,949 and a rental value of £2,785 per month.
If you were able to purchase this property for the estimated value of £606,397, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,980 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, Wood Close, London was last sold on 25 Jun 2021 for £580,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jun 2021, the market for similar properties has risen 2.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Wood Close, London within a radius of 133m over the last 2 years.
The most recent example is Flat 43, Bath House 25, Dunbridge Street, London, E2 6JD, a Leasehold flat which sold for £625,000 in Dec 2023.
Read more about house prices in E2.
Our network of Estate Agents report 1 let of a property similar to 24, Wood Close, London within a radius of 189m over the last 2 years.
Most recently Flat 204, Opus House 62, Cheshire Street, London, E2 6EH, a Leasehold flat let by Fine Living for an undisclosed amount in Jan 2021.
Wood Close, London, E2 has a total of 28 addresses. According to our analysis of all the public data, 24, Wood Close, London is the 4th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £95k more expensive than the average property in E2.
24, Wood Close, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Apr 2016.
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, Wood Close, London is Bethnal Green station which is 500 m 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, Wood Close, London, 48.5% of property is privately rented and 18.9% 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 24, Wood Close, London, 10.6% of residents are recorded as possessing school level qualifications and 71.9% 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, Wood Close, London, the average age was 32.1 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, Wood Close, London, 1.0% 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, Wood Close, 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.