According to the public record, Flat 20, Ramar House, London is a early-century leasehold apartment with 633 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Ramar House, Hanbury Street, London, E1.
Hanbury Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 20, Ramar House, London has a single entry in the Land Registry database from September 2015 and a single entry in the EPC database dated August 2009.
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 20 Ramar House London as £356,906 and the rental value as £2,157 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of Flat 20 Ramar House London has decreased by £7,835 (2.2%) and its rental value has increased by £73 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 20, Ramar House, London is in very good condition we estimate a sale value of £374,751 and rental value of £2,264 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £331,922 and a rental value of £2,006 per month.
If you were able to purchase this property for the estimated value of £356,906, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,754 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 20, Ramar House, London was last sold on 11 Sep 2015 for £375,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Sep 2015, the market for similar properties has dropped 7.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 20, Ramar House, London within a radius of 240 metres over the last 2 years.
The most recent example is Flat 8, Ramar House, Hanbury Street, London, E1 5JH, a Leasehold flat which sold for £330,000 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 240 metres radius of Flat 20, Ramar House, 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.
Hanbury Street, London, E1 has a total of 415 addresses. According to our analysis of all the public data, Flat 20, Ramar House, London is the 276th largest and the 351st most expensive property on the street.
When compared to the postcode district it is £165k less expensive than the average property in E1.
Flat 20, Ramar House, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Aug 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 20, Ramar House, London is Aldgate East 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 20, Ramar House, London, 42.1% of property is socially rented and 40.0% 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 20, Ramar House, London, 27.9% of residents are recorded as possessing school level qualifications and 39.8% 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 20, Ramar House, 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 20, Ramar 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 20, Ramar House, 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.