According to the public record, Flat A, 157A, Brick Lane, London is a period leasehold apartment and with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 157A, Brick Lane, London, E1.
Brick Lane, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat A, 157A, Brick Lane, London has 31 entries in the Land Registry database, most recently in December 2012 and 2 entries in the EPC database, most recently in May 2021.
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 A 157A Brick Lane London as £476,894 and the rental value as £2,846 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of Flat A 157A Brick Lane London has decreased by £132 (0.0%) and its rental value has increased by £131 per month (4.6%).
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 A, 157A, Brick Lane, London is in very good condition we estimate a sale value of £500,739 and rental value of £2,988 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £443,512 and a rental value of £2,647 per month.
If you were able to purchase this property for the estimated value of £476,894, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,344 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 A, 157A, Brick Lane, London was last sold on 27 Dec 2012 for £285,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Dec 2012, the market for similar properties has risen 35.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat A, 157A, Brick Lane, London within a radius of 118m over the last 2 years.
The most recent example is Apartment 71, Courtyard Apartments 3, Avantgarde Place, London, E1 6GU, a Leasehold flat which sold for £505,000 in Feb 2024.
Read more about house prices in E1.
Our network of Estate Agents report 2 lets within a 226m radius of Flat A, 157A, Brick Lane, London over the last 2 years.
Most recently Flat 1, 14, Chance Street, London, E2 7JB, a Leasehold flat let by Saint Andrews Bureau for an undisclosed amount in Oct 2023.
Brick Lane, London, E1 has a total of 383 addresses. According to our analysis of all the public data, Flat A, 157A, Brick Lane, London is the 147th largest and the 139th most expensive property on the street.
When compared to the postcode district it is £45k less expensive than the average property in E1.
Flat A, 157A, Brick Lane, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 May 2021.
The property is connected to mains gas and has full secondary glazing. It is heated using a boiler and radiators.
The closest station to Flat A, 157A, Brick Lane, London is Shoreditch High Street station which is 300 m 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 A, 157A, Brick Lane, London, 42.3% of property is privately rented and 35.0% 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 A, 157A, Brick Lane, London, 10.1% of residents are recorded as possessing school level qualifications and 81.2% 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 A, 157A, Brick Lane, 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 A, 157A, Brick Lane, London, 5.4% 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 A, 157A, Brick Lane, London, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.