According to the public record, 71, Wilmot Street, London is a period leasehold apartment with 407 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
Wilmot Street, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
71, Wilmot Street, London has 3 entries in the Land Registry database, most recently in August 2011 and a single entry in the EPC database dated February 2011.
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 71 Wilmot Street London as £372,569 and the rental value as £1,879 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of 71 Wilmot Street London has increased by £4,872 (1.3%) and its rental value has increased by £95 per month (5.1%).
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 71, Wilmot Street, London is in very good condition we estimate a sale value of £391,197 and rental value of £1,973 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £346,489 and a rental value of £1,747 per month.
If you were able to purchase this property for the estimated value of £372,569, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,831 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, 71, Wilmot Street, London was last sold on 09 Aug 2011 for £238,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2011, the market for similar properties has risen 69.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 71, Wilmot Street, London within a radius of 270 metres over the last 2 years.
The most recent example is 97, Wilmot Street, London, E2 0BT, a Leasehold flat which sold for £345,000 in Mar 2024.
Read more about house prices in E2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wilmot Street, London, E2 has a total of 267 addresses. According to our analysis of all the public data, 71, Wilmot Street, London is the 183rd largest and the 141st most expensive property on the street.
When compared to the postcode district it is £139k less expensive than the average property in E2.
71, Wilmot Street, London has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 17 Feb 2011.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
The closest station to 71, Wilmot Street, London is Bethnal Green station which is 100 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 71, Wilmot Street, London, 54.6% of property is privately rented and 16.8% is socially 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 71, Wilmot Street, London, 8.5% of residents are recorded as possessing school level qualifications and 72.7% 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 71, Wilmot Street, 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 71, Wilmot Street, London, 1.9% 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 71, Wilmot Street, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.