According to the public record, Flat 25, Chater House, London is a mid-century leasehold apartment and with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Chater House, Roman Road, London, E2.
Roman Road, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
Flat 25, Chater House, London has a single entry in the Land Registry database from August 2023 and a single entry in the EPC database dated November 2021.
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 25 Chater House London as £284,777 and the rental value as £1,583 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 25 Chater House London has increased by £788 (0.3%) and its rental value has increased by £66 per month (4.2%).
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 25, Chater House, London is in very good condition we estimate a sale value of £299,016 and rental value of £1,662 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £264,843 and a rental value of £1,472 per month.
If you were able to purchase this property for the estimated value of £284,777, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,400 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 25, Chater House, London was last sold on 04 Aug 2023 for £327,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Aug 2023, the market for similar properties has risen 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 25, Chater House, London within a radius of 202m over the last 2 years.
The most recent example is Flat 28, Ames House, Mace Street, London, E2 0QR, a Leasehold flat which sold for £265,000 in Nov 2023.
Read more about house prices in E2.
Our network of Estate Agents report 1 let within a 268m radius of Flat 25, Chater House, London 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.
Roman Road, London, E2 has a total of 549 addresses. According to our analysis of all the public data, Flat 25, Chater House, London is the 484th largest and the 479th most expensive property on the street.
When compared to the postcode district it is £227k less expensive than the average property in E2.
Flat 25, Chater House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Nov 2021.
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 25, Chater House, London is Bethnal Green 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 25, Chater House, London, 51.0% of property is socially rented and 24.5% 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 25, Chater House, London, 22.1% of residents are recorded as possessing school level qualifications and 50.6% 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 25, Chater House, 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 25, Chater 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 25, Chater House, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.