According to the public record, Flat 14, Cromwell Lodge 1, London is a modern leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Cromwell Lodge, Cleveland Grove, London, E1.
Cleveland Grove, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 14, Cromwell Lodge 1, London has a single entry in the Land Registry database from February 2007 and a single entry in the EPC database dated February 2021.
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 14 Cromwell Lodge 1 London as £335,038 and the rental value as £2,034 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of Flat 14 Cromwell Lodge 1 London has decreased by £1,775 (0.5%) and its rental value has increased by £88 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 14, Cromwell Lodge 1, London is in very good condition we estimate a sale value of £351,790 and rental value of £2,136 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £311,585 and a rental value of £1,892 per month.
If you were able to purchase this property for the estimated value of £335,038, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,647 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 14, Cromwell Lodge 1, London was last sold on 26 Feb 2007 for £222,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2007, the market for similar properties has risen 69.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 14, Cromwell Lodge 1, London within a radius of 270 metres over the last 2 years.
The most recent example is Flat 9, Montgomery Lodge 3, Cleveland Grove, London, E1 4XQ, a Leasehold flat which sold for £335,000 in Apr 2024.
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 within a 270 metres radius of Flat 14, Cromwell Lodge 1, London over the last 2 years.
Most recently Flat 4, 15, Redmans Road, London, E1 3AQ, a Leasehold flat let by Saint Andrews Bureau in Oct 2017.
Cleveland Grove, London, E1 has a total of 69 addresses. According to our analysis of all the public data, Flat 14, Cromwell Lodge 1, London is the 48th largest and the 48th most expensive property on the street.
When compared to the postcode district it is £187k less expensive than the average property in E1.
Flat 14, Cromwell Lodge 1, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Feb 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 14, Cromwell Lodge 1, London is Stepney Green 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 Flat 14, Cromwell Lodge 1, London, 64.3% of property is privately rented and 14.7% 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 14, Cromwell Lodge 1, London, 17.8% of residents are recorded as possessing school level qualifications and 57.6% 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 14, Cromwell Lodge 1, 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 14, Cromwell Lodge 1, London, 0.3% 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 14, Cromwell Lodge 1, 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.