According to the public record, Flat B, 43, Brick Lane, London is a period apartment with 376 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 43, Brick Lane, London, E1.
Brick Lane, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat B, 43, Brick Lane, London has no records in the Land Registry database and a single entry in the EPC database dated February 2023.
We combine this information with public data 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 43 Brick Lane London as £317,922 and the rental value as £1,852 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of Flat B 43 Brick Lane London has decreased by £3,503 (1.1%) and its rental value has increased by £80 per month (4.3%).
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, 43, Brick Lane, London is in very good condition we estimate a sale value of £333,818 and rental value of £1,945 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £295,668 and a rental value of £1,723 per month.
If you were able to purchase this property for the estimated value of £317,922, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,562 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat B, 43, Brick Lane, London within a radius of 260 metres over the last 2 years.
The most recent example is 56, Carillon Court 41, Greatorex Street, London, E1 5EN, a Leasehold flat which sold for £303,000 in Sep 2023.
Read more about house prices in E1.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets within a 260 metres radius of Flat B, 43, Brick Lane, London over the last 2 years.
Most recently Flat 401, Bluebell Apartments 76, Hanbury Street, London, E1 5JL, a Leasehold flat let by Fine Living in May 2022.
Brick Lane, London, E1 has a total of 383 addresses. According to our analysis of all the public data, Flat B, 43, Brick Lane, London is the 334th largest and the 281st most expensive property on the street.
When compared to the postcode district it is £204k less expensive than the average property in E1.
Flat B, 43, Brick Lane, London has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Feb 2023.
The property is connected to mains gas and has single glazed windows. It is heated using Warm air, Electricaire.
The closest station to Flat B, 43, Brick Lane, London is Aldgate East 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 B, 43, Brick Lane, London, 48.3% of property is privately rented and 26.1% 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 B, 43, Brick Lane, London, 20.2% of residents are recorded as possessing school level qualifications and 58.0% 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 B, 43, 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, 43, Brick Lane, London, 0.3% 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, 43, Brick Lane, 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.