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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, 29, Crofts Street is a mid-century leasehold apartment with 570 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 29, Crofts Street is £348,216 and the estimated rental value is £2,162 per month.
Crofts Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
29, Crofts Street has 2 entries in the Land Registry , most recently in December 2021 and a single entry in the EPC database dated May 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 29, Crofts Street is in very good condition we estimate a sale value of £365,626 and a rental value of £2,270 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £323,841 and a rental value of £2,011 per month.
Over the last 12 months the sale value of 29 Crofts Street has decreased by an estimated £9,711 (2.8%) and its rental value has increased by an estimated £117 per month (5.4%), giving an expected gross yield of 7.5%.
29, Crofts Street has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 May 2021.
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, 29, Crofts Street was last sold on 9th December 2021 for £349,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since December 2021, the market for similar properties has dropped 3.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Crofts Street within a radius of 270 metres over the last 2 years.
The most recent example is 23, Crofts Street, London, E1 8LU, a leasehold flat which sold for £370,000 on the 26th July 2024.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets of properties similar to 29, Crofts Street within a radius of 270 metres over the last 2 years.
Most recently Flat 123, 85, Royal Mint Street, London, E1 8AS, a leasehold flat let by Fine Living in May 2020.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Crofts Street, London, E1 has a total of 52 addresses. According to our analysis of all the public data, 29, Crofts Street is the 33rd largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in E1.
The closest station to 29, Crofts Street is Tower Gateway station which is 400 metres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 29, Crofts Street, 38.8% of property is socially rented and 26.5% 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 29, Crofts Street, 25.0% of residents are recorded as possessing school level qualifications and 38.0% 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 29, Crofts Street, 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 29, Crofts Street, 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 29, Crofts Street, 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.
