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According to the public record, 12, Farthing Fields is a period leasehold apartment with 613 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Farthing Fields is £433,746 and the estimated rental value is £2,489 per month.
Farthing Fields, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
12, Farthing Fields has 2 entries in the Land Registry , most recently in October 2020 and a single entry in the EPC database dated November 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 12, Farthing Fields is in very good condition we estimate a sale value of £455,433 and a rental value of £2,614 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £403,384 and a rental value of £2,315 per month.
Over the last 12 months the sale value of 12 Farthing Fields has decreased by an estimated £11,270 (2.6%) and its rental value has increased by an estimated £172 per month (6.9%), giving an expected gross yield of 6.9%.
12, Farthing Fields has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Nov 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 12, Farthing Fields was last sold on 6th October 2020 for £450,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2020, the market for similar properties has dropped 9.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Farthing Fields within a radius of 250 metres over the last 2 years.
The most recent example is Flat 21, 4, New Crane Place, London, E1W 3TS, a leasehold flat which sold for £505,000 on the 29th October 2024.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Farthing Fields, London, E1 has a total of 92 addresses. According to our analysis of all the public data, 12, Farthing Fields is the 63rd largest and the 10th most expensive property on the street.
When compared to the postcode district it is £79k less expensive than the average property in E1.
The nearest school is St Peter's London Docks CofE Primary School which is 139 metres away. The nearest train station is Wapping which is 300 metres away.
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