According to the public record, 38, Rum Close, London is a mid-century freehold house with 968 ft2 of internal area and sits on a 132 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Rum Close, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
38, Rum Close, London has a single entry in the Land Registry database from December 2010 and a single entry in the EPC database dated January 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 38 Rum Close London as £656,784 and the rental value as £3,601 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of 38 Rum Close London has increased by £8 (0.0%) and its rental value has increased by £164 per month (4.6%).
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 38, Rum Close, London is in very good condition we estimate a sale value of £689,624 and rental value of £3,781 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £610,809 and a rental value of £3,349 per month.
If you were able to purchase this property for the estimated value of £656,784, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,228 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, 38, Rum Close, London sits on a plot of 132m2.
We have plot size data on 7 out of 16 other houses in the postcode and 38, Rum Close, London sits on the 2nd largest plot.
According to HM Land Registry, 38, Rum Close, London was last sold on 17 Dec 2010 for £407,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2010, the market for similar properties has risen 71.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Rum Close, London within a radius of 280 metres over the last 2 years.
The most recent example is 21, Wine Close, London, E1W 3RQ, a Freehold house which sold for £550,000 in May 2024.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rum Close, London, E1 has a total of 43 addresses. According to our analysis of all the public data, 38, Rum Close, London is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £135k more expensive than the average property in E1.
38, Rum Close, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Jan 2021.
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 38, Rum Close, London is Shadwell 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 38, Rum Close, London, 34.4% of property is privately rented and 31.2% is socially 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 38, Rum Close, London, 17.1% of residents are recorded as possessing school level qualifications and 49.5% 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 38, Rum Close, London, the average age was 37.5 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 38, Rum Close, 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 38, Rum 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.