According to the public record, Flat 44, James Hammett House, London is a mid-century leasehold apartment and with 699 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in James Hammett House, Ravenscroft Street, London, E2.
Ravenscroft Street, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
Flat 44, James Hammett House, London has 3 entries in the Land Registry database, most recently in October 2012 and 2 entries in the EPC database, most recently in October 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 44 James Hammett House London as £377,976 and the rental value as £2,096 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of Flat 44 James Hammett House London has increased by £2,527 (0.7%) and its rental value has increased by £95 per month (4.5%).
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 44, James Hammett House, London is in very good condition we estimate a sale value of £396,875 and rental value of £2,200 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £351,518 and a rental value of £1,949 per month.
If you were able to purchase this property for the estimated value of £377,976, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,858 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 44, James Hammett House, London was last sold on 05 Oct 2012 for £140,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2012, the market for similar properties has risen 52.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 44, James Hammett House, London within a radius of 0m over the last 2 years.
The most recent example is Flat 23, James Hammett House, Ravenscroft Street, London, E2 7QH, a Leasehold flat which sold for £430,000 in Jun 2022.
Read more about house prices in E2.
Our network of Estate Agents report 1 let within a 208m radius of Flat 44, James Hammett House, 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.
Ravenscroft Street, London, E2 has a total of 182 addresses. According to our analysis of all the public data, Flat 44, James Hammett House, London is the 73rd largest and the 81st most expensive property on the street.
When compared to the postcode district it is £134k less expensive than the average property in E2.
Flat 44, James Hammett House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Oct 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 44, James Hammett House, London is Hoxton station which is 200 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 44, James Hammett House, London, 65.4% of property is socially rented and 17.8% 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 44, James Hammett House, London, 31.9% of residents are recorded as possessing school level qualifications and 31.6% 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 44, James Hammett House, London, the average age was 34.9 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 44, James Hammett House, London, 2.4% 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 44, James Hammett House, 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.