According to the public record, 56A, Cephas Street, London is a period leasehold apartment with 880 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a garden.
The apartment is in 56, Cephas Street, London, E1.
Cephas Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
56A, Cephas Street, London has 3 entries in the Land Registry database, most recently in November 2017 and a single entry in the EPC database dated April 2010.
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 56A Cephas Street London as £611,208 and the rental value as £3,502 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 56A Cephas Street London has increased by £550 (0.1%) and its rental value has increased by £157 per month (4.5%).
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 56A, Cephas Street, London is in very good condition we estimate a sale value of £641,769 and rental value of £3,677 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £568,424 and a rental value of £3,257 per month.
If you were able to purchase this property for the estimated value of £611,208, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,004 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, 56A, Cephas Street, London was last sold on 29 Nov 2017 for £723,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Nov 2017, the market for similar properties has risen 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 56A, Cephas Street, London within a radius of 300 metres over the last 2 years.
The most recent example is Flat 4, 50A, Cephas Avenue, London, E1 4AR, a Leasehold flat which sold for £591,000 in Dec 2022.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cephas Street, London, E1 has a total of 218 addresses. According to our analysis of all the public data, 56A, Cephas Street, London is the 37th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £90k more expensive than the average property in E1.
56A, Cephas Street, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Apr 2010.
The property is connected to mains gas and has mostly secondary glazing. It is heated using a boiler and radiators.
The closest station to 56A, Cephas Street, London is Stepney Green 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 56A, Cephas Street, London, 51.2% of property is socially rented and 26.8% 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 56A, Cephas Street, London, 19.7% of residents are recorded as possessing school level qualifications and 52.2% 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 56A, Cephas Street, London, the average age was 31.3 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 56A, Cephas Street, London, 0.0% 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 56A, Cephas Street, 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.