According to the public record, Flat 50, 85, Royal Mint Street, London is a modern leasehold apartment with 581 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 85, Royal Mint Street, London, E1.
Royal Mint Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 50, 85, Royal Mint Street, London has 2 entries in the Land Registry database, most recently in May 2024 and a single entry in the EPC database dated November 2019.
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 good condition, we estimate the current sale value for Flat 50 85 Royal Mint Street London as £625,106 and the rental value as £2,500 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of Flat 50 85 Royal Mint Street London has decreased by £13,785 (2.2%) and its rental value has increased by £89 per month (3.6%).
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 50, 85, Royal Mint Street, London is in very good condition we estimate a sale value of £656,362 and rental value of £2,625 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £581,349 and a rental value of £2,325 per month.
If you were able to purchase this property for the estimated value of £625,106, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,072 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 50, 85, Royal Mint Street, London was last sold on 17 May 2024 for £575,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since May 2024, the market for similar properties has dropped 1.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 50, 85, Royal Mint Street, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat 34, 85, Royal Mint Street, London, E1 8ZZ, a Leasehold flat which sold for £600,000 in Jul 2023.
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 2 lets of properties similar to Flat 50, 85, Royal Mint Street, London within a radius of 290 metres over the last 2 years.
Most recently Flat 123, 85, Royal Mint Street, London, E1 8AS, a Leasehold flat let by Fine Living in May 2020.
Royal Mint Street, London, E1 has a total of 316 addresses. According to our analysis of all the public data, Flat 50, 85, Royal Mint Street, London is the 184th largest and the 155th most expensive property on the street.
When compared to the postcode district it is £103k more expensive than the average property in E1.
Flat 50, 85, Royal Mint Street, London has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 05 Nov 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using a community scheme.
The closest station to Flat 50, 85, Royal Mint Street, London is Tower Gateway station which is 200 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 50, 85, Royal Mint Street, London, 71.2% of property is socially rented and 22.1% 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 50, 85, Royal Mint Street, London, 40.3% of residents are recorded as possessing school level qualifications and 33.2% 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 50, 85, Royal Mint Street, 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 50, 85, Royal Mint Street, 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 50, 85, Royal Mint Street, 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.