According to the public record, Flat 9, 43, Vallance Road, London is a modern leasehold apartment with 645 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in 43, Vallance Road, London, E1.
Vallance Road, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 9, 43, Vallance Road, London has 2 entries in the Land Registry database, most recently in July 2018 and a single entry in the EPC database dated May 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 9 43 Vallance Road London as £446,852 and the rental value as £2,636 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of Flat 9 43 Vallance Road London has decreased by £8,057 (1.8%) and its rental value has increased by £89 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 9, 43, Vallance Road, London is in very good condition we estimate a sale value of £469,194 and rental value of £2,768 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £415,572 and a rental value of £2,452 per month.
If you were able to purchase this property for the estimated value of £446,852, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,196 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 9, 43, Vallance Road, London was last sold on 20 Jul 2018 for £435,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Jul 2018, the market for similar properties has dropped 4.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 9, 43, Vallance Road, London within a radius of 290 metres over the last 2 years.
The most recent example is Flat 4, 16, Selby Street, London, E1 5BX, a Leasehold flat which sold for £425,000 in Oct 2021.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Vallance Road, London, E1 has a total of 234 addresses. According to our analysis of all the public data, Flat 9, 43, Vallance Road, London is the 127th largest and the 56th most expensive property on the street.
When compared to the postcode district it is £75k less expensive than the average property in E1.
Flat 9, 43, Vallance Road, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 May 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to Flat 9, 43, Vallance Road, London is Whitechapel station which is 300 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 9, 43, Vallance Road, London, 35.3% of property is privately rented and 22.6% 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 9, 43, Vallance Road, London, 21.5% of residents are recorded as possessing school level qualifications and 57.7% 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 9, 43, Vallance Road, 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 9, 43, Vallance Road, 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 9, 43, Vallance Road, 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.