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By comparing it to neighbours, we estimate that it is a modern apartment with 729 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 5, Morecambe Close is £369,051 and the estimated rental value is £2,182 per month.
Morecambe Close, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
5, Morecambe Close has 2 entries in the Land Registry , most recently in October 2011 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 5 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 5, Morecambe Close is in very good condition we estimate a sale value of £387,504 and a rental value of £2,291 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £343,218 and a rental value of £2,029 per month.
Over the last 12 months the sale value of 5 Morecambe Close has decreased by an estimated £8,009 (2.2%) and its rental value has increased by an estimated £153 per month (7.0%), giving an expected gross yield of 7.1%.
According to HM Land Registry, 5, Morecambe Close was last sold on 14th October 2011 for £233,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2011, the market for similar properties has risen 69.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Morecambe Close within a radius of 290 metres over the last 2 years.
The most recent example is Flat 8, 11-15, Hayfield Passage, London, E1 3LQ, a leasehold flat which sold for £450,000 on the 26th February 2025.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Morecambe Close, London, E1 has a total of 63 addresses. According to our analysis of all the public data, 5, Morecambe Close is the largest and the most expensive property on the street.
When compared to the postcode district it is £143k less expensive than the average property in E1.
The closest station to 5, Morecambe Close is Stepney Green station which is 200 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 5, Morecambe Close, % of property is and % is .
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 5, Morecambe Close, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 5, Morecambe Close, 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 5, Morecambe Close, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.