According to the public record, Flat 3, Reservoir Studios 547, London is a modern leasehold apartment with 873 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Reservoir Studios, Cable Street, London, E1.
Cable Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 3, Reservoir Studios 547, London has 41 entries in the Land Registry database, most recently in August 2013 and a single entry in the EPC database dated December 2010.
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 Reservoir Studios 547 London as £431,356 and the rental value as £2,544 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of Flat 3 Reservoir Studios 547 London has decreased by £6,135 (1.4%) and its rental value has increased by £89 per month (3.5%).
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, Reservoir Studios 547, London is in very good condition we estimate a sale value of £452,924 and rental value of £2,671 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £401,161 and a rental value of £2,366 per month.
If you were able to purchase this property for the estimated value of £431,356, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,120 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, Reservoir Studios 547, London was last sold on 23 Aug 2013 for £302,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Aug 2013, the market for similar properties has risen 19.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Reservoir Studios 547, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 602, Shipwright House 14, Boulcott Street, London, E1 0HR, a Leasehold flat which sold for £465,000 in Aug 2023.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cable Street, London, E1 has a total of 647 addresses. According to our analysis of all the public data, Flat 3, Reservoir Studios 547, London is the 79th largest and the 114th most expensive property on the street.
When compared to the postcode district it is £90k less expensive than the average property in E1.
Flat 3, Reservoir Studios 547, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Dec 2010.
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 3, Reservoir Studios 547, London is Limehouse station which is 300 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 3, Reservoir Studios 547, London, 53.7% of property is socially rented and 29.9% 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 3, Reservoir Studios 547, London, 28.2% of residents are recorded as possessing school level qualifications and 34.5% 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 3, Reservoir Studios 547, London, the average age was 32.1 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 3, Reservoir Studios 547, London, 0.2% 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, Reservoir Studios 547, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.