According to the public record, 241, Corporation Street, London is a period leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Corporation Street, London, E15 is located in the borough of Newham within the E15 postal district.
241, Corporation Street, London has 3 entries in the Land Registry database, most recently in April 2022 and a single entry in the EPC database dated June 2021.
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 241 Corporation Street London as £342,491 and the rental value as £2,286 per month giving an expected gross yield of 8%.
Over the last 12 months the sale value of 241 Corporation Street London has increased by £9,116 (2.7%) and its rental value has increased by £104 per month (4.5%).
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 241, Corporation Street, London is in very good condition we estimate a sale value of £359,616 and rental value of £2,400 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £318,517 and a rental value of £2,126 per month.
If you were able to purchase this property for the estimated value of £342,491, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,683 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, 241, Corporation Street, London was last sold on 12 Apr 2022 for £350,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2022, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 241, Corporation Street, London within a radius of 400 metres over the last 2 years.
The most recent example is 295, Corporation Street, London, E15 3DJ, a Leasehold flat which sold for £350,000 in Oct 2022.
Read more about house prices in E15.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Corporation Street, London, E15 has a total of 283 addresses. According to our analysis of all the public data, 241, Corporation Street, London is the 258th largest and the 252nd most expensive property on the street.
When compared to the postcode district it is £97k less expensive than the average property in E15.
241, Corporation Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Jun 2021.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 241, Corporation Street, London is West Ham 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 241, Corporation Street, London, 50.6% of property is socially rented and 23.0% 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 241, Corporation Street, London, 16.9% of residents are recorded as possessing school level qualifications and 36.0% 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 241, Corporation Street, London, the average age was 34.6 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 241, Corporation Street, London, 0.4% 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 241, Corporation 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.