According to the public record, Flat 7, 2, Artichoke Hill, London is a modern leasehold apartment with 1,001 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
The apartment is in 2, Artichoke Hill, London, E1.
Artichoke Hill, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 7, 2, Artichoke Hill, London has a single entry in the Land Registry database from March 2024 and a single entry in the EPC database dated August 2014.
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 7 2 Artichoke Hill London as £559,369 and the rental value as £3,197 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of Flat 7 2 Artichoke Hill London has decreased by £1,904 (0.3%) and its rental value has increased by £177 per month (5.5%).
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 7, 2, Artichoke Hill, London is in very good condition we estimate a sale value of £587,337 and rental value of £3,357 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £520,213 and a rental value of £2,973 per month.
If you were able to purchase this property for the estimated value of £559,369, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,749 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 7, 2, Artichoke Hill, London was last sold on 04 Mar 2024 for £525,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2024, the market for similar properties has dropped 0.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, 2, Artichoke Hill, London within a radius of 270 metres over the last 2 years.
The most recent example is Flat 18, 2, Artichoke Hill, London, E1W 2BA, a Leasehold flat which sold for £585,000 in Mar 2022.
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 270 metres radius of Flat 7, 2, Artichoke Hill, London over the last 2 years.
Most recently Apartment 406, Admiralty House 150, Vaughan Way, London, E1W 2AH, a Leasehold flat let by Saint Andrews Bureau in Aug 2023.
Artichoke Hill, London, E1 has a total of 44 addresses. According to our analysis of all the public data, Flat 7, 2, Artichoke Hill, London is the 15th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £38k more expensive than the average property in E1.
Flat 7, 2, Artichoke Hill, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Aug 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 7, 2, Artichoke Hill, London is Shadwell 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 7, 2, Artichoke Hill, London, 58.4% of property is privately rented and 13.7% is privately owned outright.
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 7, 2, Artichoke Hill, London, 6.1% of residents are recorded as possessing school level qualifications and 68.7% 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 7, 2, Artichoke Hill, 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 7, 2, Artichoke Hill, London, 8.9% 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 7, 2, Artichoke Hill, 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.