As updated by Saint Andrews Bureau in Oct 2023, Flat 1, 14, Chance Street, London is a modern leasehold apartment with 1,184 ft2 of internal area comprising 3 bedrooms .
There are 110 years remaining on the lease.
The apartment is in 14, Chance Street, London, E2.
Chance Street, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
Based on both the data supplied by Saint Andrews Bureau and the public information available in the area, we estimate the current sale value for Flat 1 14 Chance Street London as £1,005,274 and the rental value as £4,262 per month giving an expected gross yield of 5.1%.
Saint Andrews Bureau described the decorative condition as fair in Oct 2023.
Over the last 12 months the sale value of Flat 1 14 Chance Street London has increased by £5,818 (0.6%) and its rental value has increased by £226 per month (5.3%).
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 Flat 1, 14, Chance Street, London is in very good condition we estimate a sale value of £1,055,538 and rental value of £4,475 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £934,905 and a rental value of £3,964 per month.
If you were able to purchase this property for the estimated value of £1,005,274, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,941 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, Flat 1, 14, Chance Street, London was last sold on 21 Jan 2010 for £540,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2010, the market for similar properties has risen 71.0%
According to Saint Andrews Bureau , Flat 1, 14, Chance Street, London was let once since 2021 with the latest being in Oct 2023 for an undisclosed price.
Since Oct 2023, the market values of similar properties has risen 5.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 14, Chance Street, London within a radius of 138m over the last 2 years.
The most recent example is Apartment 137, Avantgarde Tower 1, Avantgarde Place, London, E1 6GS, a Leasehold flat which sold for £1,400,000 in Sep 2022.
Read more about house prices in E2.
Our network of Estate Agents report 1 let within a 24m radius of Flat 1, 14, Chance Street, London over the last 2 years.
Most recently Flat 4, Element Court 11, Chance Street, London, E2 7JB, a Leasehold flat let by Saint Andrews Bureau for an undisclosed amount in Oct 2023.
Chance Street, London, E2 has a total of 20 addresses. According to our analysis of all the public data, Flat 1, 14, Chance Street, London is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £494k more expensive than the average property in E2.
Flat 1, 14, Chance Street, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 05 Sep 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 1, 14, Chance Street, London is Shoreditch High Street station which is 200 m 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 Flat 1, 14, Chance Street, London, 47.3% of property is privately rented and 24.0% 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 Flat 1, 14, Chance Street, London, 13.7% of residents are recorded as possessing school level qualifications and 72.1% 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 Flat 1, 14, Chance 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 Flat 1, 14, Chance Street, London, 0.6% 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 Flat 1, 14, Chance Street, 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.