According to the public record, Flat 4, 98, Newark Street, London is a period apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 98, Newark Street, London, E1.
Newark Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 4, 98, Newark Street, London has no records in the Land Registry database and a single entry in the EPC database dated June 2024.
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 4 98 Newark Street London as £277,521 and the rental value as £1,701 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of Flat 4 98 Newark Street London has decreased by £3,884 (1.4%) and its rental value has increased by £73 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 4, 98, Newark Street, London is in very good condition we estimate a sale value of £291,397 and rental value of £1,786 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £258,094 and a rental value of £1,582 per month.
If you were able to purchase this property for the estimated value of £277,521, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,364 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 98, Newark Street, London within a radius of 260 metres over the last 2 years.
The most recent example is Flat 25, Kerry House, Sidney Street, London, E1 3EL, a Leasehold flat which sold for £283,000 in Aug 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 of a property similar to Flat 4, 98, Newark Street, London within a radius of 260 metres over the last 2 years.
Most recently Flat 24, Stepney City Apartments 49, Clark Street, London, E1 3HS, a Leasehold flat let by Fine Living in Feb 2022.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newark Street, London, E1 has a total of 75 addresses. According to our analysis of all the public data, Flat 4, 98, Newark Street, London is the 70th largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £244k less expensive than the average property in E1.
Flat 4, 98, Newark Street, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Jun 2024.
The property is connected to mains gas and has full secondary glazing. It is heated using a community scheme.
The closest station to Flat 4, 98, Newark Street, London is Whitechapel station which is 200 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 4, 98, Newark Street, London, 37.6% of property is privately rented and 27.4% is privately owned outright.
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 4, 98, Newark Street, London, 22.5% of residents are recorded as possessing school level qualifications and 42.4% 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 4, 98, Newark Street, London, the average age was 31.9 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 4, 98, Newark Street, London, 0.4% 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 4, 98, Newark Street, London, there are an average of 0.9 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.