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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, Flat 16, 228, Cable Street is a modern leasehold apartment with 688 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 16, 228, Cable Street is £488,655 and the estimated rental value is £2,675 per month.
The apartment is within 228, Cable Street, London, E1.
Cable Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 16, 228, Cable Street has 21 entries in the Land Registry , most recently in October 2012 and a single entry in the EPC database dated January 2019.
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 16, 228, Cable Street is in very good condition we estimate a sale value of £513,087 and a rental value of £2,808 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £454,449 and a rental value of £2,487 per month.
Over the last 12 months the sale value of Flat 16 228 Cable Street has decreased by an estimated £10,605 (2.2%) and its rental value has increased by an estimated £187 per month (7.0%), giving an expected gross yield of 6.6%.
Flat 16, 228, Cable Street has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Jan 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 16, 228, Cable Street was last sold on 10th October 2012 for £370,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2012, the market for similar properties has risen 48.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 16, 228, Cable Street within a radius of 290 metres over the last 2 years.
The most recent example is Flat 4, 228, Cable Street, London, E1 0DR, a leasehold flat which sold for £550,000 on the 15th October 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 1 let of a property similar to Flat 16, 228, Cable Street within a radius of 290 metres over the last 2 years.
Most recently Flat 30, Hannah Building 56, Watney Street, London, E1 2QU, a leasehold flat let by Fine Living in June 2023.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cable Street, London, E1 has a total of 652 addresses. According to our analysis of all the public data, Flat 16, 228, Cable Street is the 384th largest and the 81st most expensive property on the street.
When compared to the postcode district it is £24k less expensive than the average property in E1.
The closest station to Flat 16, 228, Cable Street is Shadwell station which is 100 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 Flat 16, 228, Cable Street, 62.6% of property is privately rented and 25.2% 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 16, 228, Cable Street, 14.3% of residents are recorded as possessing school level qualifications and 80.0% 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 Flat 16, 228, Cable Street, the average age was 32.1 and the most common age was 32.
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 16, 228, Cable Street, 2.0% 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 16, 228, Cable Street, 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.
