According to the public record, 7, Pier Head, London is a period house with 2,034 ft2 of internal area and sits on a 80.1 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Pier Head, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
7, Pier Head, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated November 2022.
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 7 Pier Head London as £2,508,533 and the rental value as £9,339 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 7 Pier Head London has decreased by £22,392 (0.9%) and its rental value has increased by £327 per month (3.5%).
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 7, Pier Head, London is in very good condition we estimate a sale value of £2,633,960 and rental value of £9,806 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,332,936 and a rental value of £8,685 per month.
If you were able to purchase this property for the estimated value of £2,508,533, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £12,329 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, 7, Pier Head, London sits on a plot of 80m2.
We have plot size data on 5 out of 12 other houses in the postcode and 7, Pier Head, London sits on the 6th largest plot.
According to HM Land Registry, 7, Pier Head, London was last sold on 18 Mar 1998 for £500,000 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 7, Pier Head, London within a radius of 390 metres over the last 2 years.
The most recent example is 12, Pier Head, London, E1W 1PN, a Freehold house which sold for £1,835,000 in Aug 2017.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pier Head, London, E1 has a total of 37 addresses. According to our analysis of all the public data, 7, Pier Head, London is the 10th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £1.987m more expensive than the average property in E1.
7, Pier Head, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Nov 2022.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 7, Pier Head, London is Wapping 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 7, Pier Head, London, 51.0% of property is privately rented and 27.8% 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 7, Pier Head, London, 7.7% 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 7, Pier Head, London, the average age was 37.5 and the most common age was 32.
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 7, Pier Head, 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 7, Pier Head, 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.