According to the public record, Flat 35, Werna House 31, London is a modern leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
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 35, Werna House 31, London has 31 entries in the Land Registry database, most recently in September 2009 and a single entry in the EPC database dated October 2019.
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 35 Werna House 31 London as £509,544 and the rental value as £1,951 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Flat 35 Werna House 31 London has increased by £614 (0.1%) and its rental value has increased by £93 per month (4.8%).
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 35, Werna House 31, London is in very good condition we estimate a sale value of £535,021 and rental value of £2,048 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £473,876 and a rental value of £1,814 per month.
If you were able to purchase this property for the estimated value of £509,544, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,504 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 35, Werna House 31, London was last sold on 25 Sep 2009 for £325,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Sep 2009, the market for similar properties has risen 62.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 35, Werna House 31, London within a radius of 680 metres 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.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 680 metres radius of Flat 35, 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 in May 2023.
Monument Street, London, EC3 has a total of 48 addresses. According to our analysis of all the public data, Flat 35, Werna House 31, London is the 35th largest and the 39th most expensive property on the street.
When compared to the postcode district it is £443k less expensive than the average property in EC3.
Flat 35, Werna House 31, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 24 Oct 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 35, Werna House 31, London is Monument 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 35, 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 35, 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 35, 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 35, 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 35, 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.