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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, 41B, Brick Lane is a period leasehold apartment with 452 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 41B, Brick Lane is £379,526 and the estimated rental value is £2,107 per month.
The apartment is within 41, Brick Lane, London, E1.
Brick Lane, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
41B, Brick Lane has a single entry in the Land Registry from September 2014 and a single entry in the EPC database dated April 2024.
We combine this information with that 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 41B, Brick Lane is in very good condition we estimate a sale value of £398,502 and a rental value of £2,213 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £352,959 and a rental value of £1,960 per month.
Over the last 12 months the sale value of 41B Brick Lane has decreased by an estimated £10,430 (2.7%) and its rental value has increased by an estimated £152 per month (7.2%), giving an expected gross yield of 6.7%.
41B, Brick Lane has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Apr 2024.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 41B, Brick Lane was last sold on 1st September 2014 for £370,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2014, the market for similar properties has dropped 14.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41B, Brick Lane within a radius of 270 metres over the last 2 years.
The most recent example is Flat 1, 63A , Hanbury Street, London, E1 5JP, a leasehold flat which sold for £390,000 on the 2nd February 2024.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 2 lets within a 270 metres radius of 41B, Brick Lane over the last 2 years.
Most recently Flat 401, Bluebell Apartments 76, Hanbury Street, London, E1 5JL, a leasehold flat let by Fine Living in May 2022.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brick Lane, London, E1 has a total of 389 addresses. According to our analysis of all the public data, 41B, Brick Lane is the 264th largest and the 248th most expensive property on the street.
When compared to the postcode district it is £133k less expensive than the average property in E1.
The closest station to 41B, Brick Lane is Aldgate East 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 41B, Brick Lane, 48.3% of property is privately rented and 26.1% is socially 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 41B, Brick Lane, 20.2% of residents are recorded as possessing school level qualifications and 58.0% 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 41B, Brick Lane, the average age was 32.1 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 41B, Brick Lane, 0.3% 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 41B, Brick Lane, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
