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According to the public record, 2, Mile End Place is a period freehold house with 721 ft2 of internal area and sits on a 92.3 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Mile End Place is £746,772 and the estimated rental value is £3,519 per month.
Mile End Place, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
2, Mile End Place has a single entry in the Land Registry from April 2013 and a single entry in the EPC database dated August 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 2, Mile End Place is in very good condition we estimate a sale value of £784,110 and a rental value of £3,695 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £694,498 and a rental value of £3,272 per month.
Over the last 12 months the sale value of 2 Mile End Place has decreased by an estimated £43,392 (5.8%) and its rental value has increased by an estimated £129 per month (3.7%), giving an expected gross yield of 5.7%.
According to data from HM Land Registry, 2, Mile End Place sits on a plot of 92m2.
We have plot size data on 26 out of 27 other houses in the postcode and 2, Mile End Place sits on the 14th largest plot.
2, Mile End Place has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Aug 2017.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Mile End Place was last sold on 26th April 2013 for £480,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since April 2013, the market for similar properties has risen 47.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Mile End Place within a radius of 320 metres over the last 2 years.
The most recent example is 9, Mile End Place, London, E1 4BH, a freehold house which sold for £845,000 on the 16th August 2022.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mile End Place, London, E1 has a total of 31 addresses. According to our analysis of all the public data, 2, Mile End Place is the 14th largest and the 12th most expensive property on the street.
When compared to the postcode district it is £234k more expensive than the average property in E1.
The closest station to 2, Mile End Place is Stepney Green station which is 200 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Mile End Place, 35.2% of property is socially rented and 34.1% 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, Mile End Place, 45.1% of residents are recorded as possessing school level qualifications and 30.7% 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 2, Mile End Place, the average age was 29.4 and the most common age was 17.
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, Mile End Place, 0.3% 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 2, Mile End Place, 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.