According to the public record, Flat 231, Leamore Court 1, London is a modern leasehold apartment and with 785 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Leamore Court, Meath Crescent, London, E2.
Meath Crescent, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
Flat 231, Leamore Court 1, London has a single entry in the Land Registry database from October 2023 and 2 entries in the EPC database, most recently in 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 231 Leamore Court 1 London as £455,405 and the rental value as £2,572 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 231 Leamore Court 1 London has decreased by £310 (0.1%) and its rental value has increased by £101 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 231, Leamore Court 1, London is in very good condition we estimate a sale value of £478,175 and rental value of £2,700 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £423,527 and a rental value of £2,392 per month.
If you were able to purchase this property for the estimated value of £455,405, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,238 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 231, Leamore Court 1, London was last sold on 02 Oct 2023 for £457,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2023, the market for similar properties has risen 0.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 231, Leamore Court 1, London within a radius of 157m over the last 2 years.
The most recent example is Flat 171, Leamore Court 1, Meath Crescent, London, E2 0QQ, a Leasehold flat which sold for £425,000 in Feb 2024.
Read more about house prices in E2.
Our network of Estate Agents report 1 let of a property similar to Flat 231, Leamore Court 1, London within a radius of 157m over the last 2 years.
Most recently Flat 11, Rathnew Court 5, Meath Crescent, London, E2 0QG, a Leasehold flat let by London Property Management for an undisclosed amount in Jul 2021.
Meath Crescent, London, E2 has a total of 316 addresses. According to our analysis of all the public data, Flat 231, Leamore Court 1, London is the 129th largest and the 116th most expensive property on the street.
When compared to the postcode district it is £56k less expensive than the average property in E2.
Flat 231, Leamore Court 1, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Mar 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 231, Leamore Court 1, London is Mile End station which is 700 m 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 231, Leamore Court 1, London, 52.3% of property is privately rented and 33.9% 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 231, Leamore Court 1, London, 5.9% of residents are recorded as possessing school level qualifications and 83.5% 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 231, Leamore Court 1, London, the average age was 29.4 and the most common age was 17.
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 231, Leamore Court 1, London, 0.5% 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 231, Leamore 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.