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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
According to the public record, 8, Ellen Phillips Lane is a modern leasehold apartment with 1,259 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Ellen Phillips Lane is £677,901 and the estimated rental value is £3,812 per month.
Ellen Phillips Lane, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
8, Ellen Phillips Lane has a single entry in the Land Registry from June 2017 and a single entry in the EPC database dated March 2017.
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 8, Ellen Phillips Lane is in very good condition we estimate a sale value of £711,796 and a rental value of £4,002 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £630,448 and a rental value of £3,545 per month.
Over the last 12 months the sale value of 8 Ellen Phillips Lane has decreased by an estimated £16,650 (2.5%) and its rental value has increased by an estimated £218 per month (5.7%), giving an expected gross yield of 6.7%.
8, Ellen Phillips Lane has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Mar 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, 8, Ellen Phillips Lane was last sold on 14th June 2017 for £705,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2017, the market for similar properties has dropped 13.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Ellen Phillips Lane within a radius of 280 metres over the last 2 years.
The most recent example is Apartment G03, Charles Hayward Building 6, Goldsmiths Row, London, E2 8FU, a leasehold flat which sold for £740,000 on the 15th July 2022.
Read more about house prices in E2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ellen Phillips Lane, London, E2 has a total of 16 addresses. According to our analysis of all the public data, 8, Ellen Phillips Lane is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £168k more expensive than the average property in E2.
The nearest school is City of London Academy, Shoreditch Park which is 182 metres away. The nearest train station is Cambridge Heath which is 500 metres away.
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