According to the public record, 85, Thomas More Street, London is a modern leasehold apartment with 882 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Thomas More Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
85, Thomas More Street, London has 21 entries in the Land Registry database, most recently in January 2013 and a single entry in the EPC database dated September 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 85 Thomas More Street London as £782,364 and the rental value as £3,367 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of 85 Thomas More Street London has decreased by £12,653 (1.6%) and its rental value has increased by £128 per month (3.8%).
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 85, Thomas More Street, London is in very good condition we estimate a sale value of £821,482 and rental value of £3,536 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £727,598 and a rental value of £3,132 per month.
If you were able to purchase this property for the estimated value of £782,364, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,845 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, 85, Thomas More Street, London was last sold on 15 Jan 2013 for £668,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jan 2013, the market for similar properties has risen 24.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 85, Thomas More Street, London within a radius of 270 metres over the last 2 years.
The most recent example is Flat 64, Tower Bridge Wharf 86, St. Katharines Way, London, E1W 1UR, a Leasehold flat which sold for £675,000 in Dec 2022.
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 85, Thomas More Street, London over the last 2 years.
Most recently Apartment 406, Admiralty House 150, Vaughan Way, London, E1W 2AH, a Leasehold flat let by Saint Andrews Bureau in Aug 2023.
Thomas More Street, London, E1 has a total of 247 addresses. According to our analysis of all the public data, 85, Thomas More Street, London is the 60th largest and the 79th most expensive property on the street.
When compared to the postcode district it is £261k more expensive than the average property in E1.
85, Thomas More Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Sep 2012.
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 85, Thomas More Street, London is Tower Gateway station which is 700 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 85, Thomas More Street, London, 43.6% of property is privately rented and 30.9% is privately owned with a mortgage.
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 85, Thomas More Street, London, 8.7% of residents are recorded as possessing school level qualifications and 85.3% 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 85, Thomas More Street, 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 85, Thomas More Street, London, 1.4% 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 85, Thomas More Street, 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.