According to the public record, 62, Nelson Gardens, London is a modern leasehold apartment and with 850 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Nelson Gardens, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
62, Nelson Gardens, London has 2 entries in the Land Registry database, most recently in June 2017 and a single entry in the EPC database dated April 2012.
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 62 Nelson Gardens London as £500,819 and the rental value as £2,795 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 62 Nelson Gardens London has increased by £1,111 (0.2%) and its rental value has increased by £109 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 62, Nelson Gardens, London is in very good condition we estimate a sale value of £525,860 and rental value of £2,935 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £465,762 and a rental value of £2,599 per month.
If you were able to purchase this property for the estimated value of £500,819, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,461 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, 62, Nelson Gardens, London was last sold on 23 Jun 2017 for £638,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2017, the market for similar properties has dropped 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Nelson Gardens, London within a radius of 63m over the last 2 years.
The most recent example is 22, Nelson Gardens, London, E2 7AA, a Leasehold flat which sold for £480,000 in Mar 2024.
Read more about house prices in E2.
Nelson Gardens, London, E2 has a total of 96 addresses. According to our analysis of all the public data, 62, Nelson Gardens, London is the 9th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £11k less expensive than the average property in E2.
62, Nelson Gardens, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Apr 2012.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler with both radiators and underfloor heating.
The closest station to 62, Nelson Gardens, London is Cambridge Heath station which is 500 m 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 62, Nelson Gardens, London, 50.0% of property is socially rented and 26.8% 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 62, Nelson Gardens, London, 19.4% of residents are recorded as possessing school level qualifications and 49.0% 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 62, Nelson Gardens, London, the average age was 33.1 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 62, Nelson Gardens, London, 0.2% 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 62, Nelson Gardens, 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.