According to the public record, 50, Ernest Street, London is a mid-century freehold house with 742 ft2 of internal area and sits on a 124 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Ernest Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
50, Ernest Street, London has a single entry in the Land Registry database from April 2006 and a single entry in the EPC database dated March 2015.
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 50 Ernest Street London as £527,353 and the rental value as £3,012 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 50 Ernest Street London has increased by £2,062 (0.4%) and its rental value has increased by £134 per month (4.4%).
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 50, Ernest Street, London is in very good condition we estimate a sale value of £553,720 and rental value of £3,163 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £490,438 and a rental value of £2,801 per month.
If you were able to purchase this property for the estimated value of £527,353, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,592 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, 50, Ernest Street, London sits on a plot of 124m2.
We have plot size data on 24 out of 28 other houses in the postcode and 50, Ernest Street, London sits on the 20th largest plot.
According to HM Land Registry, 50, Ernest Street, London was last sold on 04 Apr 2006 for £235,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 50, Ernest Street, London within a radius of 290 metres over the last 2 years.
The most recent example is 34, Ernest Street, London, E1 4LS, a Freehold house which sold for £290,000 in Jan 2023.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ernest Street, London, E1 has a total of 302 addresses. According to our analysis of all the public data, 50, Ernest Street, London is the 109th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £6k more expensive than the average property in E1.
50, Ernest Street, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Mar 2015.
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 50, Ernest Street, London is Stepney Green 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 50, Ernest Street, London, 38.9% of property is socially rented and 28.2% 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 50, Ernest Street, London, 38.0% of residents are recorded as possessing school level qualifications and 29.3% 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 50, Ernest Street, London, the average age was 29.4 and the most common age was 17.
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 50, Ernest 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 50, Ernest Street, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.