According to the public record, Flat 21, Ivory House, London is a modern leasehold apartment with 1,009 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Ivory House, East Smithfield, London, E1.
East Smithfield, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 21, Ivory House, London has 21 entries in the Land Registry database, most recently in December 2017 and a single entry in the EPC database dated June 2011.
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 21 Ivory House London as £1,332,762 and the rental value as £5,132 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Flat 21 Ivory House London has decreased by £1,575 (0.1%) and its rental value has increased by £276 per month (5.4%).
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 21, Ivory House, London is in very good condition we estimate a sale value of £1,399,400 and rental value of £5,389 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,239,469 and a rental value of £4,773 per month.
If you were able to purchase this property for the estimated value of £1,332,762, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,550 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 21, Ivory House, London was last sold on 18 Dec 2017 for £900,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2017, the market for similar properties has dropped 8.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 21, Ivory House, London within a radius of 390 metres over the last 2 years.
The most recent example is Flat 53, Shearwater Court, Star Place, London, E1W 1AD, a Leasehold flat which sold for £1,400,000 in Jan 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 390 metres radius of Flat 21, Ivory House, London over the last 2 years.
Most recently Apartment 406, Admiralty House 150, Vaughan Way, London, E1W 2AH, a Leasehold flat let by Saint Andrews Bureau in Aug 2023.
East Smithfield, London, E1 has a total of 80 addresses. According to our analysis of all the public data, Flat 21, Ivory House, London is the 14th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £811k more expensive than the average property in E1.
Flat 21, Ivory House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Jun 2011.
The property is connected to mains gas and has single glazed windows. It is heated using a community scheme.
The closest station to Flat 21, Ivory House, London is Tower Gateway 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 21, Ivory House, London, 52.3% of property is privately rented and 15.9% 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 21, Ivory House, London, 6.8% of residents are recorded as possessing school level qualifications and 59.6% 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 21, Ivory House, London, the average age was 37.5 and the most common age was 32.
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 21, Ivory House, London, 1.7% 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 21, Ivory House, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.