As updated by Jorgensen Turner in Feb 2024, Flat 49, Hollybush House, London is a mid-century share of freehold apartment with 1,122 ft2 of internal area comprising 4 bedrooms with a garden.
The apartment is in Hollybush House, Hollybush Gardens, London, E2.
Hollybush Gardens, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
Based on both the data supplied by Jorgensen Turner and the public information available in the area, we estimate the current sale value for Flat 49 Hollybush House London as £562,168 and the rental value as £4,388 per month giving an expected gross yield of 9.4%.
Jorgensen Turner described the decorative condition as fair in Feb 2024.
Over the last 12 months the sale value of Flat 49 Hollybush House London has increased by £13,618 (2.4%) and its rental value has increased by £275 per month (6.3%).
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 49, Hollybush House, London is in very good condition we estimate a sale value of £590,277 and rental value of £4,608 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £522,817 and a rental value of £4,081 per month.
If you were able to purchase this property for the estimated value of £562,168, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,763 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 Jorgensen Turner , Flat 49, Hollybush House, London was let once since 2021 with the latest being in Mar 2024 for an undisclosed price.
Since Mar 2024, the market values of similar properties has risen 6.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 49, Hollybush House, London within a radius of 0m over the last 2 years.
The most recent example is Flat 7, Hollybush House, Hollybush Gardens, London, E2 9QT, a Leasehold flat which sold for £487,000 in Jun 2021.
Read more about house prices in E2.
Hollybush Gardens, London, E2 has a total of 68 addresses. According to our analysis of all the public data, Flat 49, Hollybush House, London is the 24th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £51k more expensive than the average property in E2.
Flat 49, Hollybush House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 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 49, Hollybush House, London is Bethnal Green 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 49, Hollybush House, London, 47.5% of property is socially rented and 32.3% 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 49, Hollybush House, London, 15.7% of residents are recorded as possessing school level qualifications and 35.8% 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 49, Hollybush House, London, the average age was 33.5 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 49, Hollybush House, 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 49, Hollybush 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.