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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 12, Gibbs Lane is a modern apartment with 1,367 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Gibbs Lane is £1,017,350 and the estimated rental value is £4,441 per month.
Gibbs Lane, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
12, Gibbs Lane has no records in the the Land Registry and a single entry in the EPC database dated January 2017.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Gibbs Lane is in very good condition we estimate a sale value of £1,068,218 and a rental value of £4,663 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £946,136 and a rental value of £4,130 per month.
Over the last 12 months the sale value of 12 Gibbs Lane has decreased by an estimated £24,988 (2.5%) and its rental value has increased by an estimated £253 per month (5.7%), giving an expected gross yield of 5.2%.
12, Gibbs Lane has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Jan 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Gibbs Lane within a radius of 290 metres over the last 2 years.
The most recent example is Apartment 602, Charlotte King Court 34, Goldsmiths Row, London, E2 8GN, a leasehold flat which sold for £1,315,000 on the 23rd May 2024.
Read more about house prices in E2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gibbs Lane, London, E2 has a total of 25 addresses. According to our analysis of all the public data, 12, Gibbs Lane is the largest and the most expensive property on the street.
When compared to the postcode district it is £508k more expensive than the average property in E2.
The nearest school is City of London Academy, Shoreditch Park which is 132 metres away. The nearest train station is Cambridge Heath which is 500 metres away.
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