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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 240A, Brick Lane is £1,018,223 and the estimated rental value is £4,397 per month.
The apartment is within 240, Brick Lane, London, E2.
Brick Lane, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
240A, Brick Lane has no records in the the Land Registry and a single entry in the EPC database dated July 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 240A, Brick Lane is in very good condition we estimate a sale value of £1,069,134 and a rental value of £4,616 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £946,947 and a rental value of £4,089 per month.
Over the last 12 months the sale value of 240A Brick Lane has decreased by an estimated £25,009 (2.5%) and its rental value has increased by an estimated £251 per month (5.7%), giving an expected gross yield of 5.2%.
240A, Brick Lane has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Jul 2022.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 240A, Brick Lane within a radius of 240 metres over the last 2 years.
The most recent example is Flat 8, Penny Gaff House 89, Redchurch Street, London, E2 7DJ, a leasehold flat which sold for £1,000,000 on the 14th February 2013.
Read more about house prices in E2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brick Lane, London, E2 has a total of 57 addresses. According to our analysis of all the public data, 240A, Brick Lane is the 11th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £509k more expensive than the average property in E2.
The nearest school is Mulberry Academy Shoreditch which is 242 metres away. The nearest train station is Shoreditch High Street which is 400 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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