According to the public record, Flat 31, Werna House 31, London is a modern leasehold apartment and with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Werna House, Monument Street, London, EC3.
Monument Street, London, EC3 is located in the borough of City and County of the City of London within the EC3 postal district.
Flat 31, Werna House 31, London has 21 entries in the Land Registry database, most recently in April 2022 and no records in the EPC database.
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 31 Werna House 31 London as £607,337 and the rental value as £2,392 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of Flat 31 Werna House 31 London has decreased by £1,972 (0.3%) and its rental value has increased by £103 per month (4.3%).
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 31, Werna House 31, London is in very good condition we estimate a sale value of £637,703 and rental value of £2,512 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £564,823 and a rental value of £2,225 per month.
If you were able to purchase this property for the estimated value of £607,337, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,985 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 31, Werna House 31, London was last sold on 29 Apr 2022 for £610,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2022, the market for similar properties has dropped 1.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 31, Werna House 31, London within a radius of 61m over the last 2 years.
The most recent example is Flat 23, Werna House 31, Monument Street, London, EC3R 8BT, a Leasehold flat which sold for £547,500 in Mar 2023.
Read more about house prices in EC3.
Our network of Estate Agents report 1 let within a 312m radius of Flat 31, Werna House 31, London over the last 2 years.
Most recently Flat 62, Sugar Quay 1, Water Lane, London, EC3R 6AL, a Leasehold flat let by Saint Andrews Bureau for an undisclosed amount in May 2023.
Monument Street, London, EC3 has a total of 48 addresses. According to our analysis of all the public data, Flat 31, Werna House 31, London is the 23rd largest and the 31st most expensive property on the street.
When compared to the postcode district it is £345k less expensive than the average property in EC3.
Flat 31, Werna House 31, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Sep 2013.
The property is connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 31, Werna House 31, London is Monument station which is 100 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 31, Werna House 31, London, 93.5% of property is socially rented and 5.8% 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 31, Werna House 31, London, 23.5% of residents are recorded as possessing school level qualifications and 29.5% 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 31, Werna House 31, London, the average age was 40.7 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 31, Werna House 31, 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 31, Werna House 31, 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.