According to the public record, Apartment 502, Cashmere House 37, London is a modern leasehold apartment with 850 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Cashmere House, Leman Street, London, E1.
Leman Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Apartment 502, Cashmere House 37, London has 2 entries in the Land Registry database, most recently in April 2022 and a single entry in the EPC database dated July 2015.
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 Apartment 502 Cashmere House 37 London as £868,663 and the rental value as £3,369 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of Apartment 502 Cashmere House 37 London has decreased by £20,867 (2.4%) and its rental value has increased by £119 per month (3.5%).
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 Apartment 502, Cashmere House 37, London is in very good condition we estimate a sale value of £912,096 and rental value of £3,537 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £807,857 and a rental value of £3,133 per month.
If you were able to purchase this property for the estimated value of £868,663, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,269 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 502, Cashmere House 37, London was last sold on 08 Apr 2022 for £940,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2022, the market for similar properties has dropped 5.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 502, Cashmere House 37, London within a radius of 140 metres over the last 2 years.
The most recent example is Apartment 505, Cashmere House 37, Leman Street, London, E1 8PT, a Leasehold flat which sold for £990,000 in May 2024.
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 1 let within a 140 metres radius of Apartment 502, Cashmere House 37, London over the last 2 years.
Most recently Apartment 601, Kingwood House 1, Chaucer Gardens, London, E1 8QF, a Leasehold flat let by Saint Andrews Bureau in Jul 2022.
Leman Street, London, E1 has a total of 945 addresses. According to our analysis of all the public data, Apartment 502, Cashmere House 37, London is the 518th largest and the 504th most expensive property on the street.
When compared to the postcode district it is £347k more expensive than the average property in E1.
Apartment 502, Cashmere House 37, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Jul 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Apartment 502, Cashmere House 37, London is Aldgate East 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 502, Cashmere House 37, London, 42.5% of property is privately rented and 41.7% 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 Apartment 502, Cashmere House 37, London, 21.9% of residents are recorded as possessing school level qualifications and 41.9% 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 502, Cashmere House 37, London, the average age was 29.7 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 502, Cashmere House 37, 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 Apartment 502, Cashmere House 37, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.