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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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According to the public record, 49, Cornwood Drive is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a mid-century apartment with 666 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 49, Cornwood Drive is £300,375 and the estimated rental value is £1,803 per month.
Cornwood Drive, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
49, Cornwood Drive has a single entry in the Land Registry from August 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 49, Cornwood Drive is in very good condition we estimate a sale value of £315,394 and a rental value of £1,893 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £279,349 and a rental value of £1,676 per month.
Over the last 12 months the sale value of 49 Cornwood Drive has decreased by an estimated £6,519 (2.2%) and its rental value has increased by an estimated £126 per month (7.0%), giving an expected gross yield of 7.2%.
According to HM Land Registry, 49, Cornwood Drive was last sold on 10th August 2007 for £170,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2007, the market for similar properties has risen 87.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 49, Cornwood Drive within a radius of 280 metres over the last 2 years.
The most recent example is Flat 7, Zion House, Jubilee Street, London, E1 3EN, a leasehold flat which sold for £325,000 on the 14th April 2023.
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 1 let within a 280 metres radius of 49, Cornwood Drive over the last 2 years.
Most recently Flat 24, Stepney City Apartments 49, Clark Street, London, E1 3HS, a leasehold flat let by Fine Living in April 2025.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cornwood Drive, London, E1 has a total of 71 addresses. According to our analysis of all the public data, 49, Cornwood Drive is the 17th largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £212k less expensive than the average property in E1.
The closest station to 49, Cornwood Drive is Stepney Green station which is 600 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 49, Cornwood Drive, 72.0% of property is socially rented and 17.4% 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 49, Cornwood Drive, 11.5% of residents are recorded as possessing school level qualifications and 29.0% 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 49, Cornwood Drive, the average age was 33.6 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 49, Cornwood Drive, 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 49, Cornwood Drive, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
