According to the public record, Flat 6, Gwynne House, London is a mid-century leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in Gwynne House, Turner Street, London, E1.
Turner Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 6, Gwynne House, London has 2 entries in the Land Registry database, most recently in March 2023 and a single entry in the EPC database dated July 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 6 Gwynne House London as £355,653 and the rental value as £2,004 per month giving an expected gross yield of 6.8%.
Over the last 12 months the sale value of Flat 6 Gwynne House London has decreased by £4,055 (1.1%) and its rental value has increased by £86 per month (4.3%).
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 6, Gwynne House, London is in very good condition we estimate a sale value of £373,436 and rental value of £2,104 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £330,757 and a rental value of £1,863 per month.
If you were able to purchase this property for the estimated value of £355,653, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,748 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 6, Gwynne House, London was last sold on 14 Mar 2023 for £352,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Mar 2023, the market for similar properties has risen 0.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Gwynne House, London within a radius of 300 metres over the last 2 years.
The most recent example is Flat 4, Gwynne House, Turner Street, London, E1 2AG, a Leasehold flat which sold for £350,000 in Nov 2022.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Turner Street, London, E1 has a total of 116 addresses. According to our analysis of all the public data, Flat 6, Gwynne House, London is the 105th largest and the 110th most expensive property on the street.
When compared to the postcode district it is £166k less expensive than the average property in E1.
Flat 6, Gwynne House, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Jul 2022.
The property is connected to mains gas and has partial double glazing. It is heated using Room heaters, electric.
The closest station to Flat 6, Gwynne House, London is Whitechapel 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 6, Gwynne House, London, 74.2% of property is privately rented and 11.3% is privately owned with a mortgage.
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 6, Gwynne House, London, 46.7% of residents are recorded as possessing school level qualifications and 49.7% 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 6, Gwynne House, London, the average age was 31.9 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 6, Gwynne House, London, 1.3% 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 6, Gwynne House, London, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.