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Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 23, Steels Lane is £558,302 and the estimated rental value is £3,006 per month.
Steels Lane, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
23, Steels Lane has 31 entries in the Land Registry , most recently in September 2014 and a single entry in the EPC database dated February 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 23, Steels Lane is in very good condition we estimate a sale value of £586,217 and a rental value of £3,157 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £519,221 and a rental value of £2,796 per month.
Over the last 12 months the sale value of 23 Steels Lane has decreased by an estimated £38,351 (6.9%) and its rental value has increased by an estimated £71 per month (2.4%), giving an expected gross yield of 6.5%.
According to data from HM Land Registry, 23, Steels Lane sits on a plot of 63m2.
We have plot size data on 7 out of 11 other houses in the postcode and 23, Steels Lane sits on the 4th largest plot.
23, Steels Lane has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Feb 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, 23, Steels Lane was last sold on 26th September 2014 for £860,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since September 2014, the market for similar properties has risen 71.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 23, Steels Lane within a radius of 280 metres over the last 2 years.
The most recent example is 17, Steels Lane, London, E1 0DP, a freehold house which sold for £592,000 on the 16th January 2025.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Steels Lane, London, E1 has a total of 11 addresses. According to our analysis of all the public data, 23, Steels Lane is the 2nd largest and the 4th most expensive property on the street.
When compared to the postcode district it is £46k more expensive than the average property in E1.
The closest station to 23, Steels Lane is Limehouse station which is 600 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 23, Steels Lane, 59.8% of property is socially rented and 22.8% 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 23, Steels Lane, 25.8% of residents are recorded as possessing school level qualifications and 38.4% 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 23, Steels Lane, the average age was 33.1 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, Steels Lane, 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 23, Steels Lane, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.