According to the public record, Flat 6, Ramar House, London is a early-century apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Ramar House, Hanbury Street, London, E1.
Hanbury Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 6, Ramar House, London has no records in the Land Registry database and a single entry in the EPC database dated November 2023.
We combine this information with public data 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 Ramar House London as £336,312 and the rental value as £2,062 per month giving an expected gross yield of 7.4%.
Over the last 12 months the sale value of Flat 6 Ramar House London has decreased by £7,383 (2.2%) and its rental value has increased by £70 per month (3.4%).
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, Ramar House, London is in very good condition we estimate a sale value of £353,127 and rental value of £2,165 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £312,770 and a rental value of £1,917 per month.
If you were able to purchase this property for the estimated value of £336,312, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,653 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 6, Ramar House, London within a radius of 240 metres over the last 2 years.
The most recent example is Flat 8, Ramar House, Hanbury Street, London, E1 5JH, a Leasehold flat which sold for £330,000 in Mar 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 within a 240 metres radius of Flat 6, Ramar House, London over the last 2 years.
Most recently Flat 401, Bluebell Apartments 76, Hanbury Street, London, E1 5JL, a Leasehold flat let by Fine Living in May 2022.
Hanbury Street, London, E1 has a total of 415 addresses. According to our analysis of all the public data, Flat 6, Ramar House, London is the 323rd largest and the 377th most expensive property on the street.
When compared to the postcode district it is £185k less expensive than the average property in E1.
Flat 6, Ramar House, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 23 Nov 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 6, Ramar House, London is Aldgate East station which is 500 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, Ramar House, London, 42.1% of property is socially rented and 40.0% 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 6, Ramar House, London, 27.9% of residents are recorded as possessing school level qualifications and 39.8% 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 6, Ramar House, London, the average age was 32.1 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, Ramar 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 6, Ramar 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.