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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, 46, Somerford Street is a mid-century freehold house with 1,011 ft2 of internal area and sits on a 119 m2 plot.
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 46, Somerford Street is £724,040 and the estimated rental value is £3,983 per month.
Somerford Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
46, Somerford Street has 41 entries in the Land Registry , most recently in September 2015 and a single entry in the EPC database dated September 2022.
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 46, Somerford Street is in very good condition we estimate a sale value of £760,242 and a rental value of £4,182 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £673,357 and a rental value of £3,704 per month.
Over the last 12 months the sale value of 46 Somerford Street has decreased by an estimated £37,577 (5.2%) and its rental value has increased by an estimated £110 per month (2.8%), giving an expected gross yield of 6.6%.
According to data from HM Land Registry, 46, Somerford Street sits on a plot of 119m2.
We have plot size data on 1 out of 3 other houses in the postcode and 46, Somerford Street sits on the largest plot.
46, Somerford Street has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Sep 2022.
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, 46, Somerford Street was last sold on 10th September 2015 for £720,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since September 2015, the market for similar properties has risen 16.0%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 46, Somerford Street within a radius of 290 metres over the last 2 years.
The most recent example is 146, Corfield Street, London, E2 0DS, a leasehold house which sold for £124,000 on the 8th July 2011.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Somerford Street, London, E1 has a total of 79 addresses. According to our analysis of all the public data, 46, Somerford Street is the 5th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £209k more expensive than the average property in E1.
The closest station to 46, Somerford Street is Bethnal Green station which is 100 metres away.
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 46, Somerford Street, 56.4% of property is socially rented and 36.4% 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 46, Somerford Street, 29.9% of residents are recorded as possessing school level qualifications and 40.1% 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 46, Somerford Street, the average age was 32.1 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 46, Somerford 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 46, Somerford Street, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
