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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 88, Stepney Green is £433,154 and the estimated rental value is £2,487 per month.
Stepney Green, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
88, Stepney Green has a single entry in the Land Registry from May 2017 and a single entry in the EPC database dated December 2022.
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.
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 88, Stepney Green is in very good condition we estimate a sale value of £454,812 and a rental value of £2,611 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £402,834 and a rental value of £2,313 per month.
Over the last 12 months the sale value of 88 Stepney Green has decreased by an estimated £9,400 (2.2%) and its rental value has increased by an estimated £174 per month (7.0%), giving an expected gross yield of 6.9%.
88, Stepney Green has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Dec 2022.
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, 88, Stepney Green was last sold on 22nd May 2017 for £207,300 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2017, the market for similar properties has dropped 11.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 88, Stepney Green within a radius of 300 metres over the last 2 years.
The most recent example is 128A, Stepney Green, London, E1 3JJ, a leasehold flat which sold for £428,500 on the 29th November 2022.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stepney Green, London, E1 has a total of 332 addresses. According to our analysis of all the public data, 88, Stepney Green is the 103rd largest and the 114th most expensive property on the street.
When compared to the postcode district it is £79k less expensive than the average property in E1.
The closest station to 88, Stepney Green is Stepney Green station which is 300 metres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 88, Stepney Green, 44.1% of property is privately rented and 21.3% 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 88, Stepney Green, 23.3% of residents are recorded as possessing school level qualifications and 51.5% 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 88, Stepney Green, the average age was 33.6 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 88, Stepney Green, 0.6% 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 88, Stepney Green, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.