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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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23, Spirit Quay is described in the public record as a modern apartment with 796 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 23, Spirit Quay is £554,661 and its rental estimate is £2,932 per month, given the available information and assuming reasonable condition.
Spirit Quay, London, E1 falls within the E1 postal district, in the borough of Tower Hamlets.
23, Spirit Quay has no records in the the Land Registry and a single entry in the EPC database dated May 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 23, Spirit Quay, we estimate a market value of £582,394 and a rental value of £3,079 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £515,835 and £2,727 per month respectively.
Over the last year, 23, Spirit Quay has seen its estimated sale value move down by £15,468 (2.8%) and its estimated rental value increase by £158 per month (5.4%). This results in an estimated gross rental yield of 6.3%.
23, Spirit Quay has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 May 2019.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 23, Spirit Quay have sold within a radius of 290 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 14th August 2023, was 16, Cape Yard, London, E1W 2JU, a leasehold flat which sold for £510,000.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 67 addresses on Spirit Quay, London, E1, 23, Spirit Quay comes out as the 35th largest and the 53rd most expensive in our analysis of the public data.
It is also £39k more expensive than the average property across the E1 district.
From 23, Spirit Quay, the nearest station is Wapping, 600 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 23, Spirit Quay, 41.7% of property is privately rented and 27.1% is privately owned outright.
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 23, Spirit Quay, 12.9% of residents are recorded as possessing school level qualifications and 76.2% 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 23, Spirit Quay, 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 23, Spirit Quay, 3.4% 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 23, Spirit Quay, 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.
