According to the public record, Flat 42, Nichols Court 10, London is a modern leasehold apartment and with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Nichols Court, Cremer Street, London, E2.
Cremer Street, London, E2 is located in the borough of Hackney within the E2 postal district.
Flat 42, Nichols Court 10, London has 21 entries in the Land Registry database, most recently in June 2024 and a single entry in the EPC database dated August 2023.
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 42 Nichols Court 10 London as £490,624 and the rental value as £2,482 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 42 Nichols Court 10 London has increased by £237 (0.0%) and its rental value has increased by £109 per month (4.4%).
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 42, Nichols Court 10, London is in very good condition we estimate a sale value of £515,156 and rental value of £2,607 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £456,281 and a rental value of £2,309 per month.
If you were able to purchase this property for the estimated value of £490,624, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,411 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 42, Nichols Court 10, London was last sold on 13 Jun 2024 for £535,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jun 2024, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 42, Nichols Court 10, London within a radius of 167m over the last 2 years.
The most recent example is Flat 46, Nichols Court 10, Cremer Street, London, E2 8HR, a Leasehold flat which sold for £550,000 in Aug 2023.
Read more about house prices in E2.
Our network of Estate Agents report 1 let within a 97m radius of Flat 42, Nichols Court 10, London over the last 2 years.
Most recently 43 Rosewood Building, Cremer Street, London, E2 8GX, a Leasehold flat let by Saint Andrews Bureau for an undisclosed amount in Sep 2022.
Cremer Street, London, E2 has a total of 148 addresses. According to our analysis of all the public data, Flat 42, Nichols Court 10, London is the 122nd largest and the 118th most expensive property on the street.
When compared to the postcode district it is £21k less expensive than the average property in E2.
Flat 42, Nichols Court 10, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Aug 2023.
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 42, Nichols Court 10, London is Hoxton station which is 0 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 42, Nichols Court 10, London, 28.8% of property is privately rented and 19.8% 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 42, Nichols Court 10, London, 9.5% of residents are recorded as possessing school level qualifications and 69.6% 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 42, Nichols Court 10, London, the average age was 34.3 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 42, Nichols Court 10, London, 0.5% 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 42, Nichols Court 10, 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.