According to the public record, Flat 85, Kingward House, London is a mid-century leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Kingward House, Hanbury Street, London, E1.
Hanbury Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 85, Kingward House, London has a single entry in the Land Registry database from November 2015 and a single entry in the EPC database dated July 2015.
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 85 Kingward House London as £379,177 and the rental value as £2,302 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of Flat 85 Kingward House London has decreased by £6,837 (1.8%) and its rental value has increased by £77 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 85, Kingward House, London is in very good condition we estimate a sale value of £398,136 and rental value of £2,417 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £352,634 and a rental value of £2,141 per month.
If you were able to purchase this property for the estimated value of £379,177, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,864 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 85, Kingward House, London was last sold on 02 Nov 2015 for £420,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2015, the market for similar properties has dropped 6.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 85, Kingward 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.
Hanbury Street, London, E1 has a total of 415 addresses. According to our analysis of all the public data, Flat 85, Kingward House, London is the 284th largest and the 343rd most expensive property on the street.
When compared to the postcode district it is £143k less expensive than the average property in E1.
Flat 85, Kingward House, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Jul 2015.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to Flat 85, Kingward House, London is Whitechapel 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 85, Kingward House, London, 34.1% of property is privately rented and 26.7% is socially 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 85, Kingward House, London, 24.3% of residents are recorded as possessing school level qualifications and 37.8% 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 85, Kingward 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 85, Kingward 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 85, Kingward 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.