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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 12, Princelet Street is a period freehold house with 2,357 ft2 of internal area and sits on a 158 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Princelet Street is £3,075,087 and the estimated rental value is £11,634 per month.
Princelet Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
12, Princelet Street has 31 entries in the Land Registry , most recently in February 2024 and a single entry in the EPC database dated August 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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, Princelet Street is in very good condition we estimate a sale value of £3,228,842 and a rental value of £12,216 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,859,831 and a rental value of £10,820 per month.
Over the last 12 months the sale value of 12 Princelet Street has decreased by an estimated £167,456 (5.4%) and its rental value has increased by an estimated £323 per month (2.8%), giving an expected gross yield of 4.5%.
According to data from HM Land Registry, 12, Princelet Street sits on a plot of 158m2.
We have plot size data on 17 out of 23 other houses in the postcode and 12, Princelet Street sits on the 6th largest plot.
12, Princelet Street has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Aug 2023.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 12, Princelet Street was last sold on 20th February 2024 for £3,975,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since February 2024, the market for similar properties has dropped 57.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Princelet Street within a radius of 280 metres over the last 2 years.
The most recent example is 20, Princelet Street, London, E1 6QH, a freehold house which sold for £3,100,000 on the 10th June 2024.
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 280 metres radius of 12, Princelet Street 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.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Princelet Street, London, E1 has a total of 115 addresses. According to our analysis of all the public data, 12, Princelet Street is the 24th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £2.56m more expensive than the average property in E1.
The closest station to 12, Princelet Street is Shoreditch High Street station which is 400 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 12, Princelet Street, 32.1% of property is privately rented and 29.2% 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 12, Princelet Street, 20.6% of residents are recorded as possessing school level qualifications and 48.7% 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 12, Princelet Street, 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 12, Princelet Street, 3.2% 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 12, Princelet Street, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
