According to the public record, Flat 15, 14, Brick Lane, London is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 574 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 14, Brick Lane, London, E1.
Brick Lane, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 15, 14, Brick Lane, London has 21 entries in the Land Registry database, most recently in December 2009 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 15 14 Brick Lane London as £396,822 and the rental value as £2,387 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of Flat 15 14 Brick Lane London has decreased by £5,801 (1.5%) and its rental value has increased by £93 per month (3.9%).
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 15, 14, Brick Lane, London is in very good condition we estimate a sale value of £416,663 and rental value of £2,506 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £369,044 and a rental value of £2,220 per month.
If you were able to purchase this property for the estimated value of £396,822, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,950 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 15, 14, Brick Lane, London was last sold on 10 Dec 2009 for £230,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2009, the market for similar properties has risen 58.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 15, 14, Brick Lane, London within a radius of 250 metres over the last 2 years.
The most recent example is 4, Hopetown Street, London, E1 5LE, a Leasehold flat which sold for £350,000 in Mar 2023.
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 2 lets within a 250 metres radius of Flat 15, 14, Brick Lane, London over the last 2 years.
Most recently Flat 401, Bluebell Apartments 76, Hanbury Street, London, E1 5JL, a Leasehold flat let by Fine Living in May 2022.
Brick Lane, London, E1 has a total of 383 addresses. According to our analysis of all the public data, Flat 15, 14, Brick Lane, London is the 156th largest and the 181st most expensive property on the street.
When compared to the postcode district it is £125k less expensive than the average property in E1.
The closest station to Flat 15, 14, Brick Lane, London is Aldgate East 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 15, 14, Brick Lane, London, 48.3% of property is privately rented and 26.1% 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 15, 14, Brick Lane, London, 20.2% of residents are recorded as possessing school level qualifications and 58.0% 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 15, 14, Brick Lane, 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 15, 14, Brick Lane, 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 15, 14, Brick Lane, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.