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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, Union Drive is a mid-century freehold house with 1,097 ft2 of internal area and sits on a 78 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Union Drive is £671,577 and the estimated rental value is £3,557 per month.
Union Drive, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
2, Union Drive has 2 entries in the Land Registry , most recently in June 2015 and a single entry in the EPC database dated February 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Union Drive is in very good condition we estimate a sale value of £705,156 and a rental value of £3,735 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £624,567 and a rental value of £3,308 per month.
Over the last 12 months the sale value of 2 Union Drive has decreased by an estimated £43,146 (6.4%) and its rental value has increased by an estimated £95 per month (2.7%), giving an expected gross yield of 6.4%.
According to data from HM Land Registry, 2, Union Drive sits on a plot of 78m2.
We have plot size data on 8 out of 11 other houses in the postcode and 2, Union Drive sits on the 6th largest plot.
2, Union Drive has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Feb 2015.
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, 2, Union Drive was last sold on 22nd June 2015 for £620,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2015, the market for similar properties has dropped 2.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Union Drive within a radius of 320 metres over the last 2 years.
The most recent example is 7, Union Drive, London, E1 4PG, a freehold house which sold for £575,000 on the 30th August 2023.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Union Drive, London, E1 has a total of 11 addresses. According to our analysis of all the public data, 2, Union Drive is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £159k more expensive than the average property in E1.
The closest station to 2, Union Drive is Mile End station which is 400 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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, Union Drive, % of property is and % is .
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, Union Drive, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, Union Drive, 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, Union Drive, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
