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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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The public record describes 18, Welland Mews as a modern house with 999 ft2 of internal area, sitting on a 64.6 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
18, Welland Mews has an estimated sale value of £878,850 and an estimated rental value of £3,949 per month, assuming reasonable condition and based on the information available.
Welland Mews, London, E1 lies in the borough of Tower Hamlets, within the E1 postal district.
18, Welland Mews has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2009.
We combine this information with public data 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.
In very good condition, we estimate 18, Welland Mews would be worth £922,793, with a potential rental value of £4,146 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £817,331, with a rental value of £3,672 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 18, Welland Mews has declined by £45,611 (5.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £109 (2.8%). The property's estimated gross yield is currently 5.4%.
18, Welland Mews occupies a 65 m2 plot as recorded by HM Land Registry.
Of the 23 other houses in this postcode, 15 have recorded plot sizes, and this one ranks as the 16th largest.
18, Welland Mews has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Apr 2009.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
18, Welland Mews last changed hands on 28th November 2003, selling for £318,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 270 metres of 18, Welland Mews across the last 2 years.
Most recently, 16, Roding Mews, London, E1W 2JN, a freehold house, sold at £1,075,000 on the 15th July 2024.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 18, Welland Mews as the 15th largest and the 15th most expensive of the 32 addresses on Welland Mews, London, E1.
Against the E1 postcode district average, it is £363k more expensive than the typical property.
Wapping station is the nearest stop to 18, Welland Mews at 600 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 18, Welland Mews, 37.9% of property is privately rented and 32.3% is privately owned with a mortgage.
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 18, Welland Mews, 22.6% of residents are recorded as possessing school level qualifications and 60.2% 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 18, Welland Mews, the average age was 32.5 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 18, Welland Mews, 1.3% 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 18, Welland Mews, 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.
