According to the public record, Flat 1, Bowater House, London is a mid-century leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Bowater House, Golden Lane Estate, London, EC1.
Golden Lane Estate, London, EC1 is located in the borough of City and County of the City of London within the EC1 postal district.
Flat 1, Bowater House, London has 2 entries in the Land Registry database, most recently in October 2020 and a single entry in the EPC database dated January 2013.
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 Bowater House London as £590,702 and the rental value as £2,925 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 1 Bowater House London has decreased by £9,148 (1.5%) and its rental value has increased by £135 per month (4.6%).
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, Bowater House, London is in very good condition we estimate a sale value of £620,237 and rental value of £3,071 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £549,353 and a rental value of £2,720 per month.
If you were able to purchase this property for the estimated value of £590,702, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,903 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, Bowater House, London was last sold on 30 Oct 2020 for £663,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Oct 2020, the market for similar properties has dropped 3.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Bowater House, London within a radius of 200 metres over the last 2 years.
The most recent example is Flat 334, Crescent House, Golden Lane Estate, London, EC1Y 0SN, a Leasehold flat which sold for £442,000 in Sep 2023.
Read more about house prices in EC1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets within a 200 metres radius of Flat 1, Bowater House, London over the last 2 years.
Most recently Apartment 501, 25, Goswell Road, London, EC1M 7AJ, a Leasehold flat let by Fine Living in Sep 2021.
Golden Lane Estate, London, EC1 has a total of 561 addresses. According to our analysis of all the public data, Flat 1, Bowater House, London is the 182nd largest and the 173rd most expensive property on the street.
When compared to the postcode district it is £73k less expensive than the average property in EC1.
Flat 1, Bowater House, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Jan 2013.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 1, Bowater House, London is Barbican station which is 300 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, Bowater House, London, 37.1% of property is privately rented and 34.5% 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, Bowater House, London, 20.3% of residents are recorded as possessing school level qualifications and 62.4% 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, Bowater House, London, the average age was 40.7 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 Flat 1, Bowater House, London, 0.5% 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, Bowater House, 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.