According to the public record, Flat 3, 37, Old Nichol Street, London is a modern leasehold apartment and with 355 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 37, Old Nichol Street, London, E2.
Old Nichol Street, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
Flat 3, 37, Old Nichol Street, London has 2 entries in the Land Registry database, most recently in July 2014 and a single entry in the EPC database dated November 2017.
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 3 37 Old Nichol Street London as £392,449 and the rental value as £1,667 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 3 37 Old Nichol Street London has decreased by £487 (0.1%) and its rental value has increased by £76 per month (4.6%).
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 3, 37, Old Nichol Street, London is in very good condition we estimate a sale value of £412,071 and rental value of £1,750 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £364,977 and a rental value of £1,550 per month.
If you were able to purchase this property for the estimated value of £392,449, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,929 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 3, 37, Old Nichol Street, London was last sold on 18 Jul 2014 for £335,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2014, the market for similar properties has risen 2.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 37, Old Nichol Street, London within a radius of 217m over the last 2 years.
The most recent example is 15, French Place, London, E1 6JB, a Leasehold flat which sold for £270,000 in Sep 2020.
Read more about house prices in E2.
Our network of Estate Agents report 2 lets within a 80m radius of Flat 3, 37, Old Nichol Street, London over the last 2 years.
Most recently Flat 4, Element Court 11, Chance Street, London, E2 7JB, a Leasehold flat let by Saint Andrews Bureau for an undisclosed amount in Oct 2023.
Old Nichol Street, London, E2 has a total of 73 addresses. According to our analysis of all the public data, Flat 3, 37, Old Nichol Street, London is the 70th largest and the 70th most expensive property on the street.
When compared to the postcode district it is £119k less expensive than the average property in E2.
Flat 3, 37, Old Nichol Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Nov 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 3, 37, Old Nichol Street, London is Shoreditch High Street station which is 200 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 3, 37, Old Nichol Street, London, 47.3% of property is privately rented and 24.0% is socially 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 3, 37, Old Nichol Street, London, 13.7% of residents are recorded as possessing school level qualifications and 72.1% 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 3, 37, Old Nichol Street, 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 3, 37, Old Nichol Street, London, 0.6% 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 3, 37, Old Nichol Street, 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.