As updated by Saint Andrews Bureau in Oct 2023, Flat 15, Johnson Lock Court 1, London is a modern 108 year lease apartment with 710 ft2 of internal area comprising 2 bedrooms with a balcony.
There are 108 years remaining on the lease.
The apartment is in Johnson Lock Court, Candle Street, London, E1.
Candle Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Based on both the data supplied by Saint Andrews Bureau and the public information available in the area, we estimate the current sale value for Flat 15 Johnson Lock Court 1 London as £420,474 and the rental value as £2,052 per month giving an expected gross yield of 5.9%.
Saint Andrews Bureau described the decorative condition as fair in Oct 2023.
Over the last 12 months the sale value of Flat 15 Johnson Lock Court 1 London has decreased by £4,178 (1.0%) and its rental value has increased by £69 per month (3.4%).
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, Johnson Lock Court 1, London is in very good condition we estimate a sale value of £441,498 and rental value of £2,154 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £391,041 and a rental value of £1,908 per month.
If you were able to purchase this property for the estimated value of £420,474, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,067 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, Johnson Lock Court 1, London was last sold on 01 Nov 2011 for £300,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2011, the market for similar properties has risen 49.3%
According to Saint Andrews Bureau , Flat 15, Johnson Lock Court 1, London was let once since 2021 with the latest being in Oct 2023 for an undisclosed price.
Since Oct 2023, the market values of similar properties has risen 3.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 15, Johnson Lock Court 1, London within a radius of 300 metres over the last 2 years.
The most recent example is Flat 16, Tramway Court 3, Candle Street, London, E1 4RR, a Leasehold flat which sold for £186,750 in Apr 2024.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Candle Street, London, E1 has a total of 490 addresses. According to our analysis of all the public data, Flat 15, Johnson Lock Court 1, London is the 194th largest and the 159th most expensive property on the street.
When compared to the postcode district it is £101k less expensive than the average property in E1.
Flat 15, Johnson Lock Court 1, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Jul 2020.
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 15, Johnson Lock Court 1, London is Mile End station which is 700 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, Johnson Lock Court 1, London, 55.9% of property is socially rented and 22.1% is shared ownership.
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, Johnson Lock Court 1, London, 33.9% of residents are recorded as possessing school level qualifications and 54.0% 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, Johnson Lock Court 1, London, the average age was 31.5 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, Johnson Lock Court 1, 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 15, Johnson Lock Court 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.