6, Farrance Street
6, Farrance Street
Description & Estimates
According to the public record, 6, Farrance Street is a mid-century leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 6, Farrance Street is £222,087 and the estimated rental value is £1,308 per month.
Farrance Street, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Our Data Sources
6, Farrance Street has a single entry in the Land Registry from November 2021 and a single entry in the EPC database dated September 2021.
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.
Price Range & Condition
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 6, Farrance Street is in very good condition we estimate a sale value of £233,191 and a rental value of £1,374 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £206,541 and a rental value of £1,217 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 6, Farrance Street has fallen by £9,972 (4.5%), while its estimated rental value has moved up by £56 per month (4.3%). Based on current estimates, the property offers a gross rental yield of 7.1%.
Energy Efficiency
6, Farrance Street has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 14 Sep 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 6, Farrance Street was last sold on 26th November 2021 for £238,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2021, the market for similar properties has risen by 0.6%.
- Sold Nov 2021£238,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Farrance Street within a radius of 230 metres over the last 2 years.
The most recent example is 24, Pigott Street, London, E14 7DN, a leasehold flat which sold for £221,500 on the 9th February 2024.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Farrance Street, London, E14 has a total of 28 addresses. According to our analysis of all the public data, 6, Farrance Street is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £253k less expensive than the average property in E14.
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Schools Nearby
- 400mCyril Jackson Primary School
- 400mStebon Primary School
- 400mStepney Greencoat Church of England Primary School
- 1.0kmLangdon Park Community School
- 1.3kmStepney All Saints Church of England Secondary School
- 1.3kmMulberry Stepney Green Mathematics and Computing College
More reading links
Public Transport Nearby
The closest station to 6, Farrance Street is Westferry station, which is 500 metres away.
- 500mWestferry
- 800mWest India Quay
- 900mLangdon Park
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
