According to the public record, 318, Cable Street, London is a mid-century leasehold apartment with 839 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Cable Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
318, Cable Street, London has a single entry in the Land Registry database from November 2023 and a single entry in the EPC database dated April 2023.
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 318 Cable Street London as £402,228 and the rental value as £2,316 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 318 Cable Street London has decreased by £3,657 (0.9%) and its rental value has increased by £93 per month (4.0%).
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 318, Cable Street, London is in very good condition we estimate a sale value of £422,340 and rental value of £2,432 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £374,072 and a rental value of £2,154 per month.
If you were able to purchase this property for the estimated value of £402,228, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,977 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, 318, Cable Street, London was last sold on 24 Nov 2023 for £395,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2023, the market for similar properties has risen 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 318, Cable Street, London within a radius of 300 metres over the last 2 years.
The most recent example is 300, Cable Street, London, E1 0AE, a Leasehold flat which sold for £350,000 in Feb 2024.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cable Street, London, E1 has a total of 647 addresses. According to our analysis of all the public data, 318, Cable Street, London is the 127th largest and the 174th most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in E1.
318, Cable Street, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Apr 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to 318, Cable Street, London is Shadwell station which is 100 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 318, Cable Street, London, 42.3% of property is socially rented and 28.5% 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 318, Cable Street, London, 31.0% of residents are recorded as possessing school level qualifications and 32.6% 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 318, Cable Street, London, the average age was 32.1 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 318, Cable Street, London, 0.3% 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 318, Cable 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.