According to the public record, Apartment 203, Georgette Apartments 4, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 596 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Georgette Apartments, Cendal Crescent, London, E1.
Cendal Crescent, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Apartment 203, Georgette Apartments 4, London has a single entry in the Land Registry database from November 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in good condition, we estimate the current sale value for Apartment 203 Georgette Apartments 4 London as £538,775 and the rental value as £2,776 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Apartment 203 Georgette Apartments 4 London has decreased by £11,411 (2.1%) and its rental value has increased by £90 per month (3.2%).
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 Apartment 203, Georgette Apartments 4, London is in very good condition we estimate a sale value of £565,713 and rental value of £2,914 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £501,060 and a rental value of £2,581 per month.
If you were able to purchase this property for the estimated value of £538,775, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,648 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, Apartment 203, Georgette Apartments 4, London was last sold on 10 Nov 2021 for £531,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2021, the market for similar properties has dropped 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 203, Georgette Apartments 4, London within a radius of 280 metres over the last 2 years.
The most recent example is Apartment 149, Georgette Apartments 10, Cendal Crescent, London, E1 2FZ, a Leasehold flat which sold for £538,000 in Aug 2021.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cendal Crescent, London, E1 has a total of 72 addresses. According to our analysis of all the public data, Apartment 203, Georgette Apartments 4, London is the 36th largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £17k more expensive than the average property in E1.
The closest station to Apartment 203, Georgette Apartments 4, London is Whitechapel station which is 200 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 Apartment 203, Georgette Apartments 4, London, 74.2% of property is privately rented and 11.3% 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 Apartment 203, Georgette Apartments 4, London, 46.7% of residents are recorded as possessing school level qualifications and 49.7% 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 Apartment 203, Georgette Apartments 4, London, the average age was 31.9 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 Apartment 203, Georgette Apartments 4, London, 1.3% 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 Apartment 203, Georgette Apartments 4, 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.