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2B, Cordelia Street is described in the public record as a modern apartment with 1,097 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 2B, Cordelia Street is £403,109 and its rental estimate is £2,317 per month, given the available information and assuming reasonable condition.
2, Cordelia Street is a residential building on Cordelia Street, London, E14 and falls within the E14 postal district and the London Borough of Tower Hamlets.
2B, Cordelia Street has no records in the the Land Registry and a single entry in the EPC database dated May 2021.
We combine this information with public data 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.
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 2B, Cordelia Street, we estimate a market value of £423,265 and a rental value of £2,433 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £374,892 and £2,155 per month respectively.
Over the last year, 2B, Cordelia Street has seen its estimated sale value decrease by £16,927 (4.2%) and its estimated rental value grow by £108 per month (4.7%). This results in an estimated gross rental yield of 6.9%.
2B, Cordelia Street has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 May 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 2B, Cordelia Street have sold within a radius of 290 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th July 2022, was Flat 405, Mellor House 57, Upper North Street, London, E14 6GW, a leasehold flat which sold for £540,000.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 194 addresses on Cordelia Street, London, E14, 2B, Cordelia Street comes out as the 7th largest and the 26th most expensive in our analysis of the public data.
It is also £72k less expensive than the average property across the E14 district.
From 2B, Cordelia Street, the nearest station is Langdon Park, 400 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 2B, Cordelia Street, 62.4% of property is socially rented and 17.4% is privately rented.
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 2B, Cordelia Street, 33.9% of residents are recorded as possessing school level qualifications and 24.6% 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 2B, Cordelia Street, the average age was 31.4 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 2B, Cordelia Street, 0.0% 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 2B, Cordelia Street, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.