According to the public record, 61, Alderney Road, London is a mid-century leasehold apartment with 871 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Alderney Road, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
61, Alderney Road, London has 31 entries in the Land Registry database, most recently in October 2011 and a single entry in the EPC database dated April 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 61 Alderney Road London as £596,622 and the rental value as £3,307 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 61 Alderney Road London has decreased by £3,533 (0.6%) and its rental value has increased by £119 per month (3.6%).
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 61, Alderney Road, London is in very good condition we estimate a sale value of £626,453 and rental value of £3,473 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £554,859 and a rental value of £3,076 per month.
If you were able to purchase this property for the estimated value of £596,622, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,932 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, 61, Alderney Road, London was last sold on 05 Oct 2011 for £250,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2011, the market for similar properties has risen 51.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 61, Alderney Road, London within a radius of 300 metres over the last 2 years.
The most recent example is 65, Harpley Square, London, E1 4ES, a Leasehold flat which sold for £385,000 in Jan 2024.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alderney Road, London, E1 has a total of 57 addresses. According to our analysis of all the public data, 61, Alderney Road, London is the 27th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £75k more expensive than the average property in E1.
61, Alderney Road, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Apr 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 61, Alderney Road, London is Stepney Green station which is 200 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 61, Alderney Road, London, 55.5% of property is socially rented and 24.8% 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 61, Alderney Road, London, 21.7% of residents are recorded as possessing school level qualifications and 46.5% 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 61, Alderney Road, 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 61, Alderney Road, 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 61, Alderney Road, 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.