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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, 2, Forbes Street is a mid-century apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Forbes Street is £269,181 and the estimated rental value is £1,652 per month.
Forbes Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
2, Forbes Street has no records in the the Land Registry and a single entry in the EPC database dated September 2015.
We combine this information with public data of neighbouring properties to estimate the property 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, Forbes Street is in very good condition we estimate a sale value of £282,640 and a rental value of £1,735 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £250,339 and a rental value of £1,536 per month.
Over the last 12 months the sale value of 2 Forbes Street has decreased by an estimated £5,842 (2.2%) and its rental value has increased by an estimated £116 per month (7.0%), giving an expected gross yield of 7.4%.
2, Forbes Street has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Sep 2015.
The property is connected to mains gas and has single glazed windows. 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 2, Forbes Street within a radius of 210 metres over the last 2 years.
The most recent example is Flat 19, Kindersley House, Pinchin Street, London, E1 1RR, a leasehold flat which sold for £292,000 on the 14th July 2022.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Forbes Street, London, E1 has a total of 10 addresses. According to our analysis of all the public data, 2, Forbes Street is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £243k less expensive than the average property in E1.
The closest station to 2, Forbes Street is Aldgate East station which is 500 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Forbes Street, 50.8% of property is socially rented and 28.0% is privately 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 2, Forbes Street, 29.9% of residents are recorded as possessing school level qualifications and 35.4% 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, Forbes Street, the average age was 29.7 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, Forbes Street, 0.0% 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, Forbes Street, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
