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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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The public record describes 42, Spey Street as a mid-century apartment with 742 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
42, Spey Street has an estimated sale value of £300,431 and an estimated rental value of £1,761 per month, assuming reasonable condition and based on the information available.
Spey Street, London, E14 lies in the borough of Tower Hamlets, within the E14 postal district.
42, Spey Street has no records in the the Land Registry and a single entry in the EPC database dated July 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 42, Spey Street would be worth £315,453, with a potential rental value of £1,849 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £279,401, with a rental value of £1,638 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 42, Spey Street has declined by £11,148 (3.7%) over the last year. During the same period, its estimated monthly rental value has climbed by £75 (4.3%). The property's estimated gross yield is currently 7.0%.
42, Spey Street has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 320 metres of 42, Spey Street across the last 2 years.
Most recently, 24, Brion Place, London, E14 0SP, a leasehold flat, sold at £330,000 on the 20th October 2023.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 42, Spey Street as the 34th largest and the 29th most expensive of the 103 addresses on Spey Street, London, E14.
Against the E14 postcode district average, it is £175k less expensive than the typical property.
Langdon Park station is the nearest stop to 42, Spey Street at 300 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 42, Spey Street, 48.4% of property is socially rented and 35.3% 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 42, Spey Street, 20.4% 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 42, Spey Street, the average age was 30.3 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 42, Spey Street, 2.4% 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 42, Spey Street, 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.
