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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
Public records show 6, Rich Street to be a modern leasehold apartment with 559 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
6, Rich Street has an estimated sale value of £292,095 and an estimated rental value of £1,758 per month, assuming reasonable condition and based on the information available.
Rich Street, London, E14 lies in the borough of Tower Hamlets, within the E14 postal district.
6, Rich Street has 41 entries in the Land Registry , most recently in July 2022 and a single entry in the EPC database dated November 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
In very good condition, we estimate 6, Rich Street would be worth £306,700, with a potential rental value of £1,846 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £271,648, with a rental value of £1,635 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 6, Rich Street has moved down by £10,838 (3.7%) over the last year. During the same period, its estimated monthly rental value has increased by £75 (4.3%). The property's estimated gross yield is currently 7.2%.
6, Rich Street has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Nov 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
6, Rich Street last changed hands on 1st July 2022, selling for £327,500. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has dropped by 14.3% since July 2022.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 290 metres of 6, Rich Street across the last 2 years.
Most recently, 18, Rich Street, London, E14 8AL, a leasehold flat, sold at £311,000 on the 6th July 2023.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 6, Rich Street as the 18th largest and the 18th most expensive of the 34 addresses on Rich Street, London, E14.
Against the E14 postcode district average, it is £183k less expensive than the typical property.
Westferry station is the nearest stop to 6, Rich Street at 200 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around 6, Rich Street, 59.3% of property is privately rented and 16.9% is privately owned with a mortgage.
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 6, Rich Street, 11.3% of residents are recorded as possessing school level qualifications and 65.1% 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 6, Rich Street, the average age was 32.3 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 6, Rich Street, 0.3% 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 6, Rich Street, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
