According to the public record, Flat 30, Ring House, London is a early-century leasehold apartment with 635 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Ring House, Sage Street, London, E1.
Sage Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 30, Ring House, London has 2 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated July 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 30 Ring House London as £298,013 and the rental value as £1,800 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of Flat 30 Ring House London has decreased by £5,770 (1.9%) and its rental value has increased by £70 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 30, Ring House, London is in very good condition we estimate a sale value of £312,913 and rental value of £1,890 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £277,152 and a rental value of £1,674 per month.
If you were able to purchase this property for the estimated value of £298,013, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,465 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 30, Ring House, London was last sold on 29 Mar 2021 for £340,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2021, the market for similar properties has dropped 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 30, Ring House, London within a radius of 280 metres over the last 2 years.
The most recent example is Flat 8, Ring House, Sage Street, London, E1 0BY, a Leasehold flat which sold for £322,000 in Mar 2023.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sage Street, London, E1 has a total of 99 addresses. According to our analysis of all the public data, Flat 30, Ring House, London is the 62nd largest and the 66th most expensive property on the street.
When compared to the postcode district it is £224k less expensive than the average property in E1.
Flat 30, Ring House, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Jul 2017.
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 30, Ring House, London is Shadwell station which is 100 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 30, Ring House, London, 46.4% of property is socially rented and 30.5% 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 30, Ring House, London, 29.9% of residents are recorded as possessing school level qualifications and 28.8% 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 30, Ring House, 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 30, Ring 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 30, Ring House, 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.