According to the public record, Flat 303, Cornell Building 1, London is a modern apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
The apartment is in Cornell Building, Coke Street, London, E1.
Coke Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 303, Cornell Building 1, London has no recent1 records in the Land Registry database and a single entry in the EPC database dated June 2022.
We combine this information with public data 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 303 Cornell Building 1 London as £354,075 and the rental value as £2,039 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Flat 303 Cornell Building 1 London has decreased by £9,209 (2.6%) and its rental value has increased by £65 per month (3.2%).
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 303, Cornell Building 1, London is in very good condition we estimate a sale value of £371,779 and rental value of £2,141 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £329,290 and a rental value of £1,896 per month.
If you were able to purchase this property for the estimated value of £354,075, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,740 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 303, Cornell Building 1, London was last sold on 16 Jul 2004 for £195,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 303, Cornell Building 1, London within a radius of 170 metres over the last 2 years.
The most recent example is Flat 505, Dryden Building 37, Commercial Road, London, E1 1LF, a Leasehold flat which sold for £365,000 in Oct 2023.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Coke Street, London, E1 has a total of 70 addresses. According to our analysis of all the public data, Flat 303, Cornell Building 1, London is the 65th largest and the 65th most expensive property on the street.
When compared to the postcode district it is £168k less expensive than the average property in E1.
Flat 303, Cornell Building 1, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Jun 2022.
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 303, Cornell Building 1, London is Aldgate East station which is 400 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 303, Cornell Building 1, London, 72.9% of property is privately rented and 15.9% 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 303, Cornell Building 1, London, 11.3% of residents are recorded as possessing school level qualifications and 80.4% 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 303, Cornell Building 1, London, the average age was 29.7 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 303, Cornell Building 1, 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 303, Cornell Building 1, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.