According to the public record, 60, Redmans Road, London is a mid-century apartment with 818 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Redmans Road, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
60, Redmans Road, London has no records in the Land Registry database and a single entry in the EPC database dated January 2021.
We combine this information with public data 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 60 Redmans Road London as £499,755 and the rental value as £2,852 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of 60 Redmans Road London has decreased by £5,366 (1.1%) and its rental value has increased by £112 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 60, Redmans Road, London is in very good condition we estimate a sale value of £524,743 and rental value of £2,995 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £464,772 and a rental value of £2,653 per month.
If you were able to purchase this property for the estimated value of £499,755, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,456 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 60, Redmans Road, London within a radius of 290 metres over the last 2 years.
The most recent example is 62, Redmans Road, London, E1 3AQ, a Leasehold flat which sold for £430,000 in Apr 2023.
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 1 let within a 290 metres radius of 60, Redmans Road, London over the last 2 years.
Most recently Flat 4, 15, Redmans Road, London, E1 3AQ, a Leasehold flat let by Saint Andrews Bureau in Oct 2017.
Redmans Road, London, E1 has a total of 76 addresses. According to our analysis of all the public data, 60, Redmans Road, London is the 32nd largest and the 29th most expensive property on the street.
When compared to the postcode district it is £22k less expensive than the average property in E1.
60, Redmans Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 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 60, Redmans Road, London is Stepney Green station which is 400 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 60, Redmans Road, London, 44.4% of property is socially rented and 33.3% 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 60, Redmans Road, London, 30.3% of residents are recorded as possessing school level qualifications and 44.5% 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 60, Redmans Road, London, the average age was 33.6 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 60, Redmans Road, London, 1.3% 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 60, Redmans Road, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.