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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
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According to the public record, Flat 1, 2, Mears Close is a modern leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 2, Mears Close is £406,452 and the estimated rental value is £2,412 per month.
The apartment is within 2, Mears Close, London, E1.
Mears Close, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 1, 2, Mears Close has 2 entries in the Land Registry , most recently in August 2013 and a single entry in the EPC database dated July 2024.
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 Flat 1, 2, Mears Close is in very good condition we estimate a sale value of £426,775 and a rental value of £2,532 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £378,001 and a rental value of £2,243 per month.
Over the last 12 months the sale value of Flat 1 2 Mears Close has decreased by an estimated £8,821 (2.2%) and its rental value has increased by an estimated £169 per month (7.0%), giving an expected gross yield of 7.1%.
Flat 1, 2, Mears Close has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Jul 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 1, 2, Mears Close was last sold on 16th August 2013 for £420,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since August 2013, the market for similar properties has dropped 12.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 2, Mears Close within a radius of 210 metres over the last 2 years.
The most recent example is Flat 208, Cornell Building 1, Coke Street, London, E1 1ER, a leasehold flat which sold for £500,000 on the 17th March 2026.
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 of properties similar to Flat 1, 2, Mears Close within a radius of 210 metres over the last 2 years.
Most recently Flat 208, Cornell Building 1, Coke Street, London, E1 1ER, a leasehold flat let by Maplewood Property in May 2025.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mears Close, London, E1 has a total of 12 addresses. According to our analysis of all the public data, Flat 1, 2, Mears Close is the 10th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in E1.
The closest station to Flat 1, 2, Mears Close is Aldgate East station which is 400 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 1, 2, Mears Close, 86.5% of property is privately rented and 5.6% 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 Flat 1, 2, Mears Close, 24.7% of residents are recorded as possessing school level qualifications and 50.9% 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 Flat 1, 2, Mears Close, the average age was 29.7 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 Flat 1, 2, Mears Close, 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 Flat 1, 2, Mears Close, there are an average of 0.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
