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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
Flat 16, Hudson Building 11 is recorded publicly as a modern leasehold apartment across 807 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 16, Hudson Building 11 is £551,164 and its rental estimate is £2,974 per month, given the available information and assuming reasonable condition.
Hudson Building, Chicksand Street is a residential building on Chicksand Street, London, E1 and falls within the E1 postal district and the London Borough of Tower Hamlets.
Flat 16, Hudson Building 11 has 41 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated January 2022.
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.
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 Flat 16, Hudson Building 11, we estimate a market value of £578,722 and a rental value of £3,123 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £512,583 and £2,766 per month respectively.
Over the last year, Flat 16, Hudson Building 11 has seen its estimated sale value fall by £17,217 (3.1%) and its estimated rental value move up by £150 per month (5.0%). This results in an estimated gross rental yield of 6.5%.
Flat 16, Hudson Building 11 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Jan 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 16, Hudson Building 11 completed on 14th October 2022 at £635,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 11.3% over the period since October 2022.
Over the past 2 years 3 properties similar to Flat 16, Hudson Building 11 have sold within a radius of 240 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th July 2022, was Flat 17, Hudson Building 11, Chicksand Street, London, E1 5LD, a leasehold flat which sold for £590,000.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Over the past 2 years our Estate Agent network has recorded 2 lets within 240 metres of Flat 16, Hudson Building 11.
The latest, in May 2022, was Flat 401, Bluebell Apartments 76, Hanbury Street, London, E1 5JL, a leasehold flat let by Fine Living.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 183 addresses on Chicksand Street, London, E1, Flat 16, Hudson Building 11 comes out as the 29th largest and the 17th most expensive in our analysis of the public data.
It is also £36k more expensive than the average property across the E1 district.
From Flat 16, Hudson Building 11, the nearest station is Aldgate East, 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 very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 16, Hudson Building 11, 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 Flat 16, Hudson Building 11, 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 Flat 16, Hudson Building 11, 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 Flat 16, Hudson Building 11, 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 Flat 16, Hudson Building 11, 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.
