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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
According to the public record, 2, Cable Street is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 973 ft2 of internal area and a garden.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Cable Street is £413,096 and the estimated rental value is £2,375 per month.
The apartment is within 2, Cable Street, London, E1.
Cable Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
2, Cable Street has 31 entries in the Land Registry , most recently in March 2014 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 2, Cable Street is in very good condition we estimate a sale value of £433,750 and a rental value of £2,494 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £384,179 and a rental value of £2,209 per month.
Over the last 12 months the sale value of 2 Cable Street has decreased by an estimated £11,779 (2.9%) and its rental value has increased by an estimated £153 per month (6.4%), giving an expected gross yield of 6.9%.
According to HM Land Registry, 2, Cable Street was last sold on 21st March 2014 for £610,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since March 2014, the market for similar properties has dropped 34.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Cable Street within a radius of 230 metres over the last 2 years.
The most recent example is Flat 203, Beadnell Court 78, Cable Street, London, E1 8GT, a leasehold flat which sold for £396,500 on the 2nd October 2023.
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 1 let within a 230 metres radius of 2, Cable Street over the last 2 years.
Most recently Flat 2, 85, Royal Mint Street, London, E1 8ZZ, a leasehold flat let by Fine Living in March 2020.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cable Street, London, E1 has a total of 652 addresses. According to our analysis of all the public data, 2, Cable Street is the 42nd largest and the 124th most expensive property on the street.
When compared to the postcode district it is £99k less expensive than the average property in E1.
The closest station to 2, Cable Street is Tower Gateway station which is 500 metres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 2, Cable Street, 61.3% of property is privately rented and 21.8% 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 2, Cable Street, 10.6% of residents are recorded as possessing school level qualifications and 78.2% 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 2, Cable Street, 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 2, Cable Street, 1.8% 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 2, Cable Street, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
