According to the public record, 7 Victoria Cottages, London is a period leasehold apartment with 301 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Victoria Cottages, Deal Street, London, E1.
Deal Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
7 Victoria Cottages, London has 41 entries in the Land Registry database, most recently in July 2012 and a single entry in the EPC database dated June 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 7 Victoria Cottages London as £370,518 and the rental value as £1,533 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 7 Victoria Cottages London has decreased by £4,046 (1.1%) and its rental value has increased by £63 per month (4.1%).
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 Victoria Cottages, London is in very good condition we estimate a sale value of £389,044 and rental value of £1,610 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £344,581 and a rental value of £1,426 per month.
If you were able to purchase this property for the estimated value of £370,518, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,821 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, 7 Victoria Cottages, London was last sold on 05 Jul 2012 for £265,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jul 2012, the market for similar properties has risen 42.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7 Victoria Cottages, London within a radius of 270 metres over the last 2 years.
The most recent example is Flat 6, Rococco House 65, Princelet Street, London, E1 5LP, a Leasehold flat which sold for £220,000 in Aug 2018.
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 2 lets within a 270 metres radius of 7 Victoria Cottages, London over the last 2 years.
Most recently Flat 401, Bluebell Apartments 76, Hanbury Street, London, E1 5JL, a Leasehold flat let by Fine Living in May 2022.
Deal Street, London, E1 has a total of 105 addresses. According to our analysis of all the public data, 7 Victoria Cottages, London is the 104th largest and the 80th most expensive property on the street.
When compared to the postcode district it is £151k less expensive than the average property in E1.
7 Victoria Cottages, London has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 14 Jun 2012.
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 Victoria Cottages, London is Whitechapel station which is 500 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 Victoria Cottages, London, 49.1% of property is socially rented and 30.2% 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 7 Victoria Cottages, London, 19.6% of residents are recorded as possessing school level qualifications and 38.3% 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 7 Victoria Cottages, London, the average age was 32.1 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 7 Victoria Cottages, London, 0.6% 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 Victoria Cottages, 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.