According to the public record, Flat 38, Coalstore Court 5, London is a modern leasehold apartment with 839 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Coalstore Court, Candle Street, London, E1.
Candle Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 38, Coalstore Court 5, London has 3 entries in the Land Registry database, most recently in April 2022 and a single entry in the EPC database dated January 2022.
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 38 Coalstore Court 5 London as £458,763 and the rental value as £2,642 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Flat 38 Coalstore Court 5 London has decreased by £4,558 (1.0%) and its rental value has increased by £89 per month (3.4%).
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 38, Coalstore Court 5, London is in very good condition we estimate a sale value of £481,701 and rental value of £2,774 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £426,650 and a rental value of £2,457 per month.
If you were able to purchase this property for the estimated value of £458,763, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,255 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 38, Coalstore Court 5, London was last sold on 14 Apr 2022 for £490,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Apr 2022, the market for similar properties has dropped 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 38, Coalstore Court 5, London within a radius of 310 metres over the last 2 years.
The most recent example is Flat 52, Coalstore Court 5, Candle Street, London, E1 4RS, a Leasehold flat which sold for £435,000 in Sep 2023.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 310 metres radius of Flat 38, Coalstore Court 5, London over the last 2 years.
Most recently Flat 15, Johnson Lock Court 1, Candle Street, London, E1 4RP, a Leasehold flat let by Saint Andrews Bureau in Oct 2023.
Candle Street, London, E1 has a total of 490 addresses. According to our analysis of all the public data, Flat 38, Coalstore Court 5, London is the 30th largest and the 38th most expensive property on the street.
When compared to the postcode district it is £63k less expensive than the average property in E1.
Flat 38, Coalstore Court 5, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jan 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters, Electric underfloor heating.
The closest station to Flat 38, Coalstore Court 5, London is Limehouse station which is 700 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 38, Coalstore Court 5, London, 35.7% of property is socially rented and 26.9% is shared ownership.
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 38, Coalstore Court 5, London, 30.8% of residents are recorded as possessing school level qualifications and 54.9% 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 38, Coalstore Court 5, London, the average age was 31.5 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 38, Coalstore Court 5, 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 38, Coalstore Court 5, 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.