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According to the public record, Flat 1503, 23, Gauging Square is a modern leasehold apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1503, 23, Gauging Square is £560,061 and the estimated rental value is £2,348 per month.
The apartment is within 23, Gauging Square, London, E1.
Gauging Square, London, E1 is located within the E1 postal district.
Flat 1503, 23, Gauging Square has a single entry in the Land Registry from February 2022 and a single entry in the EPC database dated September 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 Flat 1503, 23, Gauging Square is in very good condition we estimate a sale value of £588,064 and a rental value of £2,466 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £520,857 and a rental value of £2,184 per month.
Over the last 12 months the sale value of Flat 1503 23 Gauging Square has decreased by an estimated £16,015 (2.9%) and its rental value has increased by an estimated £159 per month (6.8%), giving an expected gross yield of 5%.
Flat 1503, 23, Gauging Square has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Sep 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
According to HM Land Registry, Flat 1503, 23, Gauging Square was last sold on 28th February 2022 for £671,300 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2022, the market for similar properties has dropped 40.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1503, 23, Gauging Square within a radius of 220 metres over the last 2 years.
The most recent example is Flat 1603, 23, Gauging Square, London, E1W 2AX, a leasehold flat which sold for £669,300 on the 7th February 2022.
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 1 let within a 220 metres radius of Flat 1503, 23, Gauging Square over the last 2 years.
Most recently Flat 63, Harlequin Court 6, Thomas More Street, London, E1W 1AR, a leasehold flat let by Jorgensen Turner in June 2021.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gauging Square, London, E1 has a total of 200 addresses. According to our analysis of all the public data, Flat 1503, 23, Gauging Square is the 190th largest and the 188th most expensive property on the street.
When compared to the postcode district it is £48k more expensive than the average property in E1.
The nearest school is St Paul's Whitechapel Church of England Primary School which is 310 metres away. The nearest train station is Shadwell which is 400 metres away.
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