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According to the public record, 7, Spey Street is a mid-century leasehold apartment with 753 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 7, Spey Street is £294,378 and the estimated rental value is £1,692 per month.
Spey Street, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
7, Spey Street has 21 entries in the Land Registry , most recently in July 2007 and a single entry in the EPC database dated December 2023.
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 7, Spey Street is in very good condition we estimate a sale value of £309,097 and a rental value of £1,776 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £273,772 and a rental value of £1,573 per month.
Over the last 12 months the sale value of 7 Spey Street has decreased by an estimated £8,044 (2.7%) and its rental value has increased by an estimated £94 per month (5.5%), giving an expected gross yield of 6.9%.
7, Spey Street has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Dec 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Spey Street was last sold on 17th July 2007 for £207,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since July 2007, the market for similar properties has risen 53.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Spey Street within a radius of 310 metres over the last 2 years.
The most recent example is 24, Brion Place, London, E14 0SP, a leasehold flat which sold for £330,000 on the 20th October 2023.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spey Street, London, E14 has a total of 103 addresses. According to our analysis of all the public data, 7, Spey Street is the 31st largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in E14.
The nearest school is Manorfield Primary School which is 189 metres away. The nearest train station is Langdon Park which is 300 metres away.
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