According to the public record, 41, Spirit Quay, London is a mid-century freehold house with 1,119 ft2 of internal area and sits on a 76.1 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Spirit Quay, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
41, Spirit Quay, London has 21 entries in the Land Registry database, most recently in August 2021 and a single entry in the EPC database dated August 2016.
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 Spirit Quay London as £959,399 and the rental value as £4,298 per month giving an expected gross yield of 5.4%.
Over the last 12 months the sale value of 41 Spirit Quay London has decreased by £12,286 (1.3%) and its rental value has increased by £168 per month (3.9%).
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, Spirit Quay, London is in very good condition we estimate a sale value of £1,007,369 and rental value of £4,513 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £892,241 and a rental value of £3,997 per month.
If you were able to purchase this property for the estimated value of £959,399, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,715 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, 41, Spirit Quay, London sits on a plot of 76m2.
We have plot size data on 33 out of 49 other houses in the postcode and 41, Spirit Quay, London sits on the 21st largest plot.
According to HM Land Registry, 41, Spirit Quay, London was last sold on 20 Aug 2021 for £929,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2021, the market for similar properties has dropped 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Spirit Quay, London within a radius of 300 metres over the last 2 years.
The most recent example is 29, Torrington Place, London, E1W 2UY, a Freehold house which sold for £855,000 in Jun 2023.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spirit Quay, London, E1 has a total of 67 addresses. According to our analysis of all the public data, 41, Spirit Quay, London is the 20th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £438k more expensive than the average property in E1.
41, Spirit Quay, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Aug 2016.
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 41, Spirit Quay, London is Wapping station which is 600 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, Spirit Quay, London, 41.7% of property is privately rented and 27.1% is privately owned outright.
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, Spirit Quay, London, 12.9% of residents are recorded as possessing school level qualifications and 76.2% 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, Spirit Quay, 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, Spirit Quay, London, 3.4% 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 41, Spirit Quay, 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.