According to the public record, 29, Spring Walk, London is a mid-century freehold house with 1,065 ft2 of internal area and sits on a 85.3 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Spring Walk, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
29, Spring Walk, London has a single entry in the Land Registry database from June 2019 and a single entry in the EPC database dated January 2020.
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 29 Spring Walk London as £672,889 and the rental value as £3,600 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 29 Spring Walk London has decreased by £4,917 (0.7%) and its rental value has increased by £162 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 29, Spring Walk, London is in very good condition we estimate a sale value of £706,534 and rental value of £3,780 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £625,787 and a rental value of £3,348 per month.
If you were able to purchase this property for the estimated value of £672,889, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,307 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, 29, Spring Walk, London sits on a plot of 85m2.
We have plot size data on 29 out of 35 other houses in the postcode and 29, Spring Walk, London sits on the 26th largest plot.
According to HM Land Registry, 29, Spring Walk, London was last sold on 13 Jun 2019 for £632,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2019, the market for similar properties has risen 4.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Spring Walk, London within a radius of 240 metres over the last 2 years.
The most recent example is 4, Coverley Close, London, E1 5HY, a Freehold house which sold for £790,000 in Aug 2016.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Walk, London, E1 has a total of 35 addresses. According to our analysis of all the public data, 29, Spring Walk, London is the 3rd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £151k more expensive than the average property in E1.
29, Spring Walk, London has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 13 Jan 2020.
The property is connected to mains gas and has partial double glazing. It is heated using electric heaters.
The closest station to 29, Spring Walk, London is Whitechapel 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 29, Spring Walk, London, 36.8% of property is socially rented and 33.8% 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 29, Spring Walk, London, 26.3% of residents are recorded as possessing school level qualifications and 42.2% 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 29, Spring Walk, 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 29, Spring Walk, London, 0.0% 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 29, Spring Walk, 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.