According to the public record, Flat 10, Levant House, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 388 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Levant House, Ernest Street, London, E1.
Ernest Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 10, Levant House, London has a single entry in the Land Registry database from November 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 10 Levant House London as £252,565 and the rental value as £1,548 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of Flat 10 Levant House London has increased by £23 (0.0%) and its rental value has increased by £66 per month (4.3%).
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 10, Levant House, London is in very good condition we estimate a sale value of £265,193 and rental value of £1,625 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £234,885 and a rental value of £1,440 per month.
If you were able to purchase this property for the estimated value of £252,565, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,241 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 10, Levant House, London was last sold on 25 Nov 2013 for £135,000 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 29.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 10, Levant House, London within a radius of 300 metres over the last 2 years.
The most recent example is Flat 18, Galveston House, Harford Street, London, E1 4RH, a Leasehold flat which sold for £275,000 in Dec 2022.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ernest Street, London, E1 has a total of 302 addresses. According to our analysis of all the public data, Flat 10, Levant House, London is the 300th largest and the 298th most expensive property on the street.
When compared to the postcode district it is £269k less expensive than the average property in E1.
The closest station to Flat 10, Levant House, London is Stepney Green 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 10, Levant House, London, 49.5% of property is socially rented and 31.8% is privately 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 10, Levant House, London, 34.9% of residents are recorded as possessing school level qualifications and 27.4% 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 10, Levant House, London, the average age was 29.4 and the most common age was 17.
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 10, Levant House, 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 Flat 10, Levant House, London, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.