According to the public record, 98, Willis Street, London is a mid-century leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Willis Street, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
98, Willis Street, London has 2 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated August 2020.
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 98 Willis Street London as £348,752 and the rental value as £1,850 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of 98 Willis Street London has increased by £4,263 (1.2%) and its rental value has increased by £55 per month (3.0%).
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 98, Willis Street, London is in very good condition we estimate a sale value of £366,189 and rental value of £1,943 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £324,339 and a rental value of £1,721 per month.
If you were able to purchase this property for the estimated value of £348,752, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,714 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, 98, Willis Street, London was last sold on 22 Dec 2020 for £330,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2020, the market for similar properties has dropped 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 98, Willis Street, London within a radius of 310 metres over the last 2 years.
The most recent example is 8, Willis Street, London, E14 6NB, a Leasehold flat which sold for £415,000 in Feb 2023.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Willis Street, London, E14 has a total of 54 addresses. According to our analysis of all the public data, 98, Willis Street, London is the 47th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £136k less expensive than the average property in E14.
98, Willis Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Aug 2020.
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 98, Willis Street, London is Langdon Park station which is 300 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 98, Willis Street, London, 48.4% of property is socially rented and 35.3% 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 98, Willis Street, London, 20.4% of residents are recorded as possessing school level qualifications and 38.4% 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 98, Willis Street, London, the average age was 31.4 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 98, Willis Street, London, 2.4% 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 98, Willis 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.