116, Jamaica Street
116, Jamaica Street
Description & Estimates
116, Jamaica Street appears in the public record as a leasehold apartment.
We estimate it to be a modern apartment with 618 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 116, Jamaica Street is £443,879 and its rental estimate is £2,599 per month, given the available information and assuming reasonable condition.
Jamaica Street, London, E1 falls within the E1 postal district, in the borough of Tower Hamlets.
Our Data Sources
116, Jamaica Street has 21 entries in the Land Registry , most recently in February 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 116, Jamaica Street, we estimate a market value of £466,073 and a rental value of £2,729 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £412,807 and £2,417 per month respectively.
Recent Market Change
Over the last year, 116, Jamaica Street has seen its estimated sale value move down by £12,379 (2.8%) and its estimated rental value increase by £140 per month (5.4%). This results in an estimated gross rental yield of 7.0%.
Sold Prices
The most recent sale of 116, Jamaica Street completed on 29th February 2008 at £271,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 39.0% over the period since February 2008.
- Sold Feb 2008£271,000
- Sold May 2001£144,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 116, Jamaica Street have sold within a radius of 300 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th October 2024, was Flat 2, Mariana Court 29, Assembly Passage, London, E1 4GQ, a leasehold flat which sold for £450,000.
Read more about house prices in E1.
- Sold Oct 2024£450,000 | 2 Bed FlatMariana Court 29, Assembly PassageFlat 2, Mariana Court 29, Assembly Passage, London, E1 4GQ
- Sold Oct 2023£499,500 | 2 Bed FlatMariana Court 29, Assembly PassageFlat 1, Mariana Court 29, Assembly Passage, London, E1 4GQ
- Sold Feb 2023£526,500 | 2 Bed FlatMariana Court 29, Assembly PassageFlat 4, Mariana Court 29, Assembly Passage, London, E1 4GQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 247 addresses on Jamaica Street, London, E1, 116, Jamaica Street comes out as the 167th largest and the 18th most expensive in our analysis of the public data.
It is also £71k less expensive than the average property across the E1 district.
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Schools Nearby
- 100mStepney Park Primary School
- 400mJohn Scurr Primary School
- 600mMarion Richardson Primary School
- 500mStepney All Saints Church of England Secondary School
- 500mMulberry Stepney Green Mathematics and Computing College
- 600mBishop Challoner Catholic School
More reading links
Public Transport Nearby
From 116, Jamaica Street, the nearest station is Stepney Green, 400 metres away.
- 400mStepney Green
- 700mWhitechapel
- 900mBethnal Green
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
