According to the public record, Flat 5, Ashbee House, London is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Ashbee House, Portman Place, London, E2.
Portman Place, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
Flat 5, Ashbee House, London has 41 entries in the Land Registry database, most recently in October 2014 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 5 Ashbee House London as £335,228 and the rental value as £1,898 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 5 Ashbee House London has increased by £647 (0.2%) and its rental value has increased by £76 per month (4.0%).
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 5, Ashbee House, London is in very good condition we estimate a sale value of £351,989 and rental value of £1,992 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £311,762 and a rental value of £1,765 per month.
If you were able to purchase this property for the estimated value of £335,228, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,648 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 5, Ashbee House, London was last sold on 31 Oct 2014 for £275,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Oct 2014, the market for similar properties has risen 9.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Ashbee House, London within a radius of 280 metres over the last 2 years.
The most recent example is Flat 10, Ashbee House, Portman Place, London, E2 0LL, a Leasehold flat which sold for £192,000 in Jun 2021.
Read more about house prices in E2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Portman Place, London, E2 has a total of 56 addresses. According to our analysis of all the public data, Flat 5, Ashbee House, London is the 43rd largest and the 47th most expensive property on the street.
When compared to the postcode district it is £176k less expensive than the average property in E2.
Flat 5, Ashbee House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Jan 2022.
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 5, Ashbee House, London is Bethnal Green station which is 400 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 5, Ashbee House, London, 42.5% of property is socially rented and 31.9% 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 5, Ashbee House, London, 28.1% of residents are recorded as possessing school level qualifications and 47.8% 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 5, Ashbee House, London, the average age was 33.2 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 5, Ashbee House, London, 0.7% 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 5, Ashbee House, London, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.