According to the public record, 41, Royal Mint Street, London is a mid-century leasehold apartment with 775 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Royal Mint Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
41, Royal Mint Street, London has a single entry in the Land Registry database from May 2008 and a single entry in the EPC database dated April 2018.
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 41 Royal Mint Street London as £388,115 and the rental value as £2,269 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 41 Royal Mint Street London has decreased by £7,844 (2.0%) and its rental value has increased by £85 per month (3.8%).
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 41, Royal Mint Street, London is in very good condition we estimate a sale value of £407,521 and rental value of £2,383 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £360,947 and a rental value of £2,111 per month.
If you were able to purchase this property for the estimated value of £388,115, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,907 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, 41, Royal Mint Street, London was last sold on 23 May 2008 for £240,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2008, the market for similar properties has risen 46.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Royal Mint Street, London within a radius of 280 metres over the last 2 years.
The most recent example is 18, Royal Mint Place, London, E1 8LS, a Leasehold flat which sold for £400,000 in Dec 2022.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets within a 280 metres radius of 41, Royal Mint Street, London over the last 2 years.
Most recently Flat 123, 85, Royal Mint Street, London, E1 8AS, a Leasehold flat let by Fine Living in May 2020.
Royal Mint Street, London, E1 has a total of 316 addresses. According to our analysis of all the public data, 41, Royal Mint Street, London is the 95th largest and the 283rd most expensive property on the street.
When compared to the postcode district it is £134k less expensive than the average property in E1.
41, Royal Mint Street, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Apr 2018.
The property is connected to mains gas and has single glazed windows. It is heated using a community scheme.
The closest station to 41, Royal Mint Street, London is Tower Gateway 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 41, Royal Mint Street, London, 71.2% of property is socially rented and 22.1% 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 41, Royal Mint Street, London, 40.3% of residents are recorded as possessing school level qualifications and 33.2% 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 41, Royal Mint Street, London, the average age was 32.5 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 41, Royal Mint Street, 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 41, Royal Mint Street, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.