According to the public record, Flat 61, Lauderdale Tower, London is a mid-century leasehold apartment with 1,038 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in Lauderdale Tower, Barbican, London, EC2.
Barbican, London, EC2 is located in the borough of City and County of the City of London within the EC2 postal district.
Flat 61, Lauderdale Tower, London has 21 entries in the Land Registry database, most recently in September 2010 and a single entry in the EPC database dated April 2010.
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 61 Lauderdale Tower London as £1,317,044 and the rental value as £4,842 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of Flat 61 Lauderdale Tower London has decreased by £9,489 (0.7%) and its rental value has increased by £219 per month (4.5%).
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 61, Lauderdale Tower, London is in very good condition we estimate a sale value of £1,382,896 and rental value of £5,084 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,224,851 and a rental value of £4,503 per month.
If you were able to purchase this property for the estimated value of £1,317,044, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £6,473 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 61, Lauderdale Tower, London was last sold on 20 Sep 2010 for £822,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2010, the market for similar properties has risen 47.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 61, Lauderdale Tower, London within a radius of 210 metres over the last 2 years.
The most recent example is Flat 251, Lauderdale Tower, Barbican, London, EC2Y 8BY, a Leasehold flat which sold for £1,500,000 in May 2023.
Read more about house prices in EC2.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let within a 210 metres radius of Flat 61, Lauderdale Tower, London over the last 2 years.
Most recently Apartment 2.4, The Askew Building 50, Bartholomew Close, London, EC1A 7BD, a Leasehold flat let by Saint Andrews Bureau in Aug 2019.
Barbican, London, EC2 has a total of 1944 addresses. According to our analysis of all the public data, Flat 61, Lauderdale Tower, London is the 391st largest and the 358th most expensive property on the street.
When compared to the postcode district it is £364k more expensive than the average property in EC2.
Flat 61, Lauderdale Tower, London has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Apr 2010.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a community scheme.
The closest station to Flat 61, Lauderdale Tower, London is Barbican 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 61, Lauderdale Tower, London, 54.1% of property is privately owned outright and 27.9% 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 61, Lauderdale Tower, London, 18.0% of residents are recorded as possessing school level qualifications and 83.3% 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 61, Lauderdale Tower, London, the average age was 40.7 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 61, Lauderdale Tower, London, 14.8% 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 61, Lauderdale Tower, London, there are an average of 0.7 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.