According to the public record, Flat B, 157A, Brick Lane, London is a period leasehold apartment and with 685 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
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 B, 157A, Brick Lane, London has 41 entries in the Land Registry database, most recently in January 2014 and a single entry in the EPC database dated March 2012.
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 B 157A Brick Lane London as £474,324 and the rental value as £2,784 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of Flat B 157A Brick Lane London has decreased by £3,332 (0.7%) and its rental value has increased by £108 per month (3.9%).
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 B, 157A, Brick Lane, London is in very good condition we estimate a sale value of £498,040 and rental value of £2,923 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £441,121 and a rental value of £2,589 per month.
If you were able to purchase this property for the estimated value of £474,324, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,331 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 B, 157A, Brick Lane, London was last sold on 17 Jan 2014 for £425,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jan 2014, the market for similar properties has risen 8.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat B, 157A, Brick Lane, London within a radius of 227m over the last 2 years.
The most recent example is 41, Cheshire Street, London, E2 6EE, a Leasehold flat which sold for £425,000 in Nov 2023.
Read more about house prices in E1.
Our network of Estate Agents report 1 let of a property similar to Flat B, 157A, Brick Lane, London within a radius of 226m over the last 2 years.
Most recently Flat 204, Opus House 62, Cheshire Street, London, E2 6EH, a Leasehold flat let by Fine Living for an undisclosed amount in Jan 2021.
Brick Lane, London, E1 has a total of 383 addresses. According to our analysis of all the public data, Flat B, 157A, Brick Lane, London is the 128th largest and the 140th most expensive property on the street.
When compared to the postcode district it is £47k less expensive than the average property in E1.
Flat B, 157A, Brick Lane, London has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Mar 2012.
The property is connected to mains gas and has partial triple glazing. It is heated using a boiler and radiators.
The closest station to Flat B, 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 B, 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 B, 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 B, 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 B, 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 B, 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.