According to the public record, 26E , Princelet Street, London is a period leasehold apartment with 1,367 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 26, Princelet Street, London, E1.
Princelet Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
26E , Princelet Street, London has 2 entries in the Land Registry database, most recently in November 2019 and a single entry in the EPC database dated June 2019.
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 26E Princelet Street London as £1,346,704 and the rental value as £5,040 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 26E Princelet Street London has increased by £7,164 (0.5%) and its rental value has increased by £303 per month (6.0%).
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 26E , Princelet Street, London is in very good condition we estimate a sale value of £1,414,039 and rental value of £5,292 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,252,435 and a rental value of £4,687 per month.
If you were able to purchase this property for the estimated value of £1,346,704, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,619 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, 26E , Princelet Street, London was last sold on 04 Nov 2019 for £1,381,280 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2019, the market for similar properties has dropped 5.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 26E , Princelet Street, London within a radius of 280 metres over the last 2 years.
The most recent example is Flat 2, 103, Commercial Street, London, E1 6BG, a Leasehold flat which sold for £1,117,000 in Sep 2021.
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 of a property similar to 26E , Princelet Street, London within a radius of 280 metres over the last 2 years.
Most recently Flat 401, Bluebell Apartments 76, Hanbury Street, London, E1 5JL, a Leasehold flat let by Fine Living in May 2022.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Princelet Street, London, E1 has a total of 114 addresses. According to our analysis of all the public data, 26E , Princelet Street, London is the 62nd largest and the 56th most expensive property on the street.
When compared to the postcode district it is £825k more expensive than the average property in E1.
26E , Princelet Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Jun 2019.
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 26E , Princelet Street, London is Shoreditch High Street station which is 400 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 26E , Princelet Street, London, 32.1% of property is privately rented and 29.2% 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 26E , Princelet Street, London, 20.6% of residents are recorded as possessing school level qualifications and 48.7% 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 26E , Princelet Street, London, the average age was 32.1 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 26E , Princelet Street, London, 3.2% 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 26E , Princelet 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.