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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 5, Ellen Phillips Lane is £692,371 and the estimated rental value is £3,893 per month.
Ellen Phillips Lane, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
5, Ellen Phillips Lane has a single entry in the Land Registry from May 2017 and a single entry in the EPC database dated March 2017.
We combine this information with that 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.
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 5, Ellen Phillips Lane is in very good condition we estimate a sale value of £726,989 and a rental value of £4,088 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £643,905 and a rental value of £3,621 per month.
Over the last 12 months the sale value of 5 Ellen Phillips Lane has decreased by an estimated £17,006 (2.5%) and its rental value has increased by an estimated £222 per month (5.7%), giving an expected gross yield of 6.7%.
5, Ellen Phillips Lane has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Mar 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, 5, Ellen Phillips Lane was last sold on 5th May 2017 for £695,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2017, the market for similar properties has dropped 13.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Ellen Phillips Lane within a radius of 290 metres over the last 2 years.
The most recent example is Apartment G03, Charles Hayward Building 6, Goldsmiths Row, London, E2 8FU, a leasehold flat which sold for £740,000 on the 15th July 2022.
Read more about house prices in E2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ellen Phillips Lane, London, E2 has a total of 16 addresses. According to our analysis of all the public data, 5, Ellen Phillips Lane is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £183k more expensive than the average property in E2.
The nearest school is City of London Academy, Shoreditch Park which is 182 metres away. The nearest train station is Cambridge Heath which is 500 metres away.
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