According to the public record, Flat 26, Hermitage Court, London is a modern leasehold apartment with 742 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Hermitage Court, Knighten Street, London, E1.
Knighten Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 26, Hermitage Court, London has 2 entries in the Land Registry database, most recently in August 2022 and a single entry in the EPC database dated March 2022.
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 26 Hermitage Court London as £587,077 and the rental value as £2,911 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of Flat 26 Hermitage Court London has decreased by £12,512 (2.1%) and its rental value has increased by £88 per month (3.0%).
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 26, Hermitage Court, London is in very good condition we estimate a sale value of £616,431 and rental value of £3,056 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £545,982 and a rental value of £2,707 per month.
If you were able to purchase this property for the estimated value of £587,077, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,885 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 26, Hermitage Court, London was last sold on 10 Aug 2022 for £700,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2022, the market for similar properties has dropped 3.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 26, Hermitage Court, London within a radius of 370 metres over the last 2 years.
The most recent example is Flat 28, Hermitage Court, Knighten Street, London, E1W 1PW, a Leasehold flat which sold for £712,000 in Feb 2023.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Knighten Street, London, E1 has a total of 100 addresses. According to our analysis of all the public data, Flat 26, Hermitage Court, London is the 77th largest and the 77th most expensive property on the street.
When compared to the postcode district it is £65k more expensive than the average property in E1.
Flat 26, Hermitage Court, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Mar 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 26, Hermitage Court, London is Wapping 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 26, Hermitage Court, London, 61.9% of property is privately rented and 19.1% 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 26, Hermitage Court, London, 10.1% of residents are recorded as possessing school level qualifications and 79.6% 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 26, Hermitage Court, London, the average age was 32.5 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 26, Hermitage Court, London, 1.4% 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 26, Hermitage Court, 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.