According to the public record, Flat 1, 62, Great Eastern Street, London is a period leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 62, Great Eastern Street, London, EC2.
Great Eastern Street, London, EC2 is located in the borough of Hackney within the EC2 postal district.
Flat 1, 62, Great Eastern Street, London has a single entry in the Land Registry database from November 2013 and a single entry in the EPC database dated August 2023.
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 Flat 1 62 Great Eastern Street London as £928,804 and the rental value as £3,430 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of Flat 1 62 Great Eastern Street London has increased by £61 (0.0%) and its rental value has increased by £173 per month (5.1%).
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, 62, Great Eastern Street, London is in very good condition we estimate a sale value of £975,245 and rental value of £3,602 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £863,788 and a rental value of £3,190 per month.
If you were able to purchase this property for the estimated value of £928,804, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £4,565 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, 62, Great Eastern Street, London was last sold on 08 Nov 2013 for £680,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2013, the market for similar properties has risen 5.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 62, Great Eastern Street, London within a radius of 250 metres over the last 2 years.
The most recent example is Flat 3, 60, Great Eastern Street, London, EC2A 3QR, a Leasehold flat which sold for £875,000 in Jun 2021.
Read more about house prices in EC2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Great Eastern Street, London, EC2 has a total of 196 addresses. According to our analysis of all the public data, Flat 1, 62, Great Eastern Street, London is the 78th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £24k less expensive than the average property in EC2.
Flat 1, 62, Great Eastern Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Aug 2023.
The property is connected to mains gas and has partial secondary glazing. It is heated using a boiler and radiators.
The closest station to Flat 1, 62, Great Eastern Street, London is Shoreditch High Street 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 Flat 1, 62, Great Eastern Street, London, 73.7% of property is privately rented and 13.2% 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 Flat 1, 62, Great Eastern Street, London, 8.0% of residents are recorded as possessing school level qualifications and 76.3% 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, 62, Great Eastern Street, London, the average age was 34.3 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, 62, Great Eastern Street, London, 2.5% 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, 62, Great Eastern 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.