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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 14, Rum Close is £394,837 and the estimated rental value is £2,369 per month.
Rum Close, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
14, Rum Close has a single entry in the Land Registry from July 2013 and a single entry in the EPC database dated May 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 14, Rum Close is in very good condition we estimate a sale value of £414,579 and a rental value of £2,488 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £367,198 and a rental value of £2,203 per month.
Over the last 12 months the sale value of 14 Rum Close has decreased by an estimated £8,569 (2.2%) and its rental value has increased by an estimated £166 per month (7.0%), giving an expected gross yield of 7.2%.
14, Rum Close has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 May 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 14, Rum Close was last sold on 18th July 2013 for £335,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2013, the market for similar properties has risen 8.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Rum Close within a radius of 290 metres over the last 2 years.
The most recent example is 32, Rum Close, London, E1W 3QX, a leasehold flat which sold for £408,000 on the 12th July 2024.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rum Close, London, E1 has a total of 43 addresses. According to our analysis of all the public data, 14, Rum Close is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £118k less expensive than the average property in E1.
The nearest school is Blue Gate Fields Junior School which is 228 metres away. The nearest train station is Shadwell which is 300 metres away.
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