According to the public record, Flat 2, Tannery House 6, London is a period leasehold apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Tannery House, Deal Street, London, E1.
Deal Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 2, Tannery House 6, London has 41 entries in the Land Registry database, most recently in May 2010 and a single entry in the EPC database dated March 2023.
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 2 Tannery House 6 London as £655,763 and the rental value as £3,165 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 2 Tannery House 6 London has decreased by £11,824 (1.8%) and its rental value has increased by £107 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 2, Tannery House 6, London is in very good condition we estimate a sale value of £688,552 and rental value of £3,323 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £609,860 and a rental value of £2,944 per month.
If you were able to purchase this property for the estimated value of £655,763, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,223 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 2, Tannery House 6, London was last sold on 14 May 2010 for £410,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since May 2010, the market for similar properties has risen 53.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Tannery House 6, London within a radius of 270 metres over the last 2 years.
The most recent example is Flat 21, Tannery House 6, Deal Street, London, E1 5AG, a Leasehold flat which sold for £700,000 in Apr 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 270 metres radius of Flat 2, Tannery House 6, 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.
Deal Street, London, E1 has a total of 105 addresses. According to our analysis of all the public data, Flat 2, Tannery House 6, London is the 42nd largest and the 46th most expensive property on the street.
When compared to the postcode district it is £134k more expensive than the average property in E1.
Flat 2, Tannery House 6, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Mar 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas, Boiler and underfloor heating, mains gas.
The closest station to Flat 2, Tannery House 6, London is Whitechapel station which is 500 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 2, Tannery House 6, London, 34.1% of property is privately rented and 26.7% 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 2, Tannery House 6, London, 24.3% of residents are recorded as possessing school level qualifications and 37.8% 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 2, Tannery House 6, 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 2, Tannery House 6, 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 2, Tannery House 6, 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.