According to the public record, Flat 5, Ross House, London is a period leasehold apartment with 604 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Ross House, Prusom Street, London, E1.
Prusom Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 5, Ross House, London has a single entry in the Land Registry database from April 2019 and a single entry in the EPC database dated April 2011.
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 Ross House London as £337,454 and the rental value as £2,053 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of Flat 5 Ross House London has decreased by £4,477 (1.3%) and its rental value has increased by £83 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, Ross House, London is in very good condition we estimate a sale value of £354,327 and rental value of £2,156 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £313,832 and a rental value of £1,909 per month.
If you were able to purchase this property for the estimated value of £337,454, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,658 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, Ross House, London was last sold on 04 Apr 2019 for £325,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2019, the market for similar properties has dropped 3.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Ross House, London within a radius of 280 metres over the last 2 years.
The most recent example is Flat 19, Penang House, Prusom Street, London, E1W 3RF, a Leasehold flat which sold for £385,000 in Jun 2024.
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 within a 280 metres radius of Flat 5, Ross House, London over the last 2 years.
Most recently Flat 19, 146, Wapping High Street, London, E1W 3PE, a Leasehold flat let by Saint Andrews Bureau in Apr 2024.
Prusom Street, London, E1 has a total of 184 addresses. According to our analysis of all the public data, Flat 5, Ross House, London is the 110th largest and the 147th most expensive property on the street.
When compared to the postcode district it is £184k less expensive than the average property in E1.
Flat 5, Ross House, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Apr 2011.
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, Ross House, London is Wapping station which is 100 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, Ross House, London, 60.9% of property is socially rented and 21.8% 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 5, Ross House, London, 19.4% of residents are recorded as possessing school level qualifications and 45.2% 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, Ross House, London, the average age was 32.5 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 5, Ross 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 5, Ross 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.