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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 24, Montpelier Place is £732,176 and the estimated rental value is £3,790 per month.
Montpelier Place, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
24, Montpelier Place has a single entry in the Land Registry from May 2020 and a single entry in the EPC database dated May 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 24, Montpelier Place is in very good condition we estimate a sale value of £768,785 and a rental value of £3,980 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £680,923 and a rental value of £3,525 per month.
Over the last 12 months the sale value of 24 Montpelier Place has decreased by an estimated £37,999 (5.2%) and its rental value has increased by an estimated £104 per month (2.8%), giving an expected gross yield of 6.2%.
According to data from HM Land Registry, 24, Montpelier Place sits on a plot of 184m2.
We have plot size data on 1 out of 16 other houses in the postcode and 24, Montpelier Place sits on the largest plot.
24, Montpelier Place has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 May 2019.
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, 24, Montpelier Place was last sold on 26th May 2020 for £750,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2020, the market for similar properties has dropped 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24, Montpelier Place within a radius of 270 metres over the last 2 years.
The most recent example is 14, Redcastle Close, London, E1W 3DQ, a freehold house which sold for £515,000 on the 28th January 2022.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Montpelier Place, London, E1 has a total of 24 addresses. According to our analysis of all the public data, 24, Montpelier Place is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £217k more expensive than the average property in E1.
The closest station to 24, Montpelier Place is Shadwell station which is 100 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 24, Montpelier Place, 55.2% of property is socially rented and 32.9% 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 24, Montpelier Place, 22.3% of residents are recorded as possessing school level qualifications and 32.5% 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 24, Montpelier Place, 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 24, Montpelier Place, 0.5% 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 24, Montpelier 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.