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According to the public record, 239, Brick Lane is a mid-century freehold house with 1,506 ft2 of internal area and sits on a 104 m2 plot.
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 239, Brick Lane is £988,434 and the estimated rental value is £5,581 per month.
Brick Lane, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
239, Brick Lane has a single entry in the Land Registry from November 2014 and a single entry in the EPC database dated March 2022.
We combine this information with that 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.
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 239, Brick Lane is in very good condition we estimate a sale value of £1,037,856 and a rental value of £5,860 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £919,244 and a rental value of £5,190 per month.
Over the last 12 months the sale value of 239 Brick Lane has decreased by an estimated £67,393 (6.8%) and its rental value has increased by an estimated £158 per month (2.8%), giving an expected gross yield of 6.8%.
According to data from HM Land Registry, 239, Brick Lane sits on a plot of 104m2.
We have plot size data on 17 out of 20 other houses in the postcode and 239, Brick Lane sits on the 14th largest plot.
239, Brick Lane has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Mar 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric underfloor heating.
According to HM Land Registry, 239, Brick Lane was last sold on 28th November 2014 for £795,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2014, the market for similar properties has risen 16.3%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 239, Brick Lane within a radius of 250 metres over the last 2 years.
The most recent example is 16, Club Row, London, E2 7EY, a freehold house which sold for £1,190,000 on the 17th November 2023.
Read more about house prices in E2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brick Lane, London, E2 has a total of 57 addresses. According to our analysis of all the public data, 239, Brick Lane is the 3rd largest and the 6th most expensive property on the street.
When compared to the postcode district it is £479k more expensive than the average property in E2.
The nearest school is Virginia Primary School which is 190 metres away. The nearest train station is Shoreditch High Street which is 400 metres away.
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