According to the public record, Flat 7, 37, Broomfield Street, London is a modern leasehold apartment with 667 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 37, Broomfield Street, London, E14.
Broomfield Street, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 7, 37, Broomfield Street, London has 21 entries in the Land Registry database, most recently in November 2018 and a single entry in the EPC database dated April 2017.
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 7 37 Broomfield Street London as £290,512 and the rental value as £1,552 per month giving an expected gross yield of 6.4%.
Over the last 12 months the sale value of Flat 7 37 Broomfield Street London has decreased by £139 (0.0%) and its rental value has increased by £40 per month (2.6%).
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 7, 37, Broomfield Street, London is in very good condition we estimate a sale value of £305,038 and rental value of £1,629 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £270,176 and a rental value of £1,443 per month.
If you were able to purchase this property for the estimated value of £290,512, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,428 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, 37, Broomfield Street, London was last sold on 01 Nov 2018 for £95,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Nov 2018, the market for similar properties has dropped 3.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, 37, Broomfield Street, London within a radius of 240 metres over the last 2 years.
The most recent example is 38, Gale Street, London, E3 3RP, a Leasehold flat which sold for £350,000 in Nov 2021.
Read more about house prices in E14.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Broomfield Street, London, E14 has a total of 158 addresses. According to our analysis of all the public data, Flat 7, 37, Broomfield Street, London is the 115th largest and the 138th most expensive property on the street.
When compared to the postcode district it is £194k less expensive than the average property in E14.
Flat 7, 37, Broomfield Street, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Apr 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to Flat 7, 37, Broomfield Street, London is Langdon Park station which is 400 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, 37, Broomfield Street, London, 72.9% of property is socially rented and 16.3% 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 7, 37, Broomfield Street, London, 25.8% of residents are recorded as possessing school level qualifications and 30.0% 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, 37, Broomfield Street, London, the average age was 31.4 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, 37, Broomfield Street, London, 0.6% 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, 37, Broomfield Street, London, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.