601, Empress Apartments 11
601, Empress Apartments 11
Description & Estimates
601, Empress Apartments 11 is recorded publicly as a modern leasehold apartment across 559 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of 601, Empress Apartments 11 is £583,425 and its rental estimate is £2,566 per month, given the available information and assuming reasonable condition.
Empress Apartments, Stanton Walk is a residential building on Stanton Walk, London, E2 and falls within the E2 postal district and the London Borough of Tower Hamlets.
Our Data Sources
601, Empress Apartments 11 has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated April 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 601, Empress Apartments 11, we estimate a market value of £612,596 and a rental value of £2,695 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £542,585 and £2,387 per month respectively.
Recent Market Change
Over the last year, 601, Empress Apartments 11 has seen its estimated sale value drop by £16,350 (2.8%) and its estimated rental value rise by £134 per month (5.2%). This results in an estimated gross rental yield of 5.3%.
Energy Efficiency
601, Empress Apartments 11 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 13 Apr 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
The most recent sale of 601, Empress Apartments 11 completed on 14th June 2021 at £635,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 3.4% over the period since June 2021.
- Sold Jun 2021£635,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 601, Empress Apartments 11 have sold within a radius of 300 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 17th June 2021, was 401, Empress Apartments 11, Stanton Walk, London, E2 9FR, a leasehold flat which sold for £600,000.
Read more about house prices in E2.
- Sold Jun 2021£600,000 | 2 Bed FlatEmpress Apartments 11, Stanton Walk401, Empress Apartments 11, Stanton Walk, London, E2 9FR
- Sold Jun 2021£631,500 | 2 Bed FlatEmpress Apartments 11, Stanton Walk501, Empress Apartments 11, Stanton Walk, London, E2 9FR
- Sold Jun 2021£950,000 | 2 Bed FlatEmpress Apartments 11, Stanton Walk301, Empress Apartments 11, Stanton Walk, London, E2 9FR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 54 addresses on Stanton Walk, London, E2, 601, Empress Apartments 11 comes out as the 42nd largest and the 42nd most expensive in our analysis of the public data.
It is also £77k more expensive than the average property across the E2 district.
More reading links
Schools Nearby
- 300mMowlem Primary School
- 400mLondon Fields Primary School
- 500mSt John's Church of England Primary School
- 600mOaklands School
- 600mCity of London Academy, Shoreditch Park
- 1.0kmHaggerston School
More reading links
Public Transport Nearby
From 601, Empress Apartments 11, the nearest station is Cambridge Heath, 100 metres away.
- 100mCambridge Heath
- 700mBethnal Green
- 800mLondon Fields
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
