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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 18, Reservoir Studios 547 is a modern leasehold apartment with 1,367 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 18, Reservoir Studios 547 is £565,760 and the estimated rental value is £3,197 per month.
The apartment is within Reservoir Studios, Cable Street, London, E1.
Cable Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 18, Reservoir Studios 547 has 21 entries in the Land Registry , most recently in February 2010 and a single entry in the EPC database dated October 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 18, Reservoir Studios 547 is in very good condition we estimate a sale value of £594,048 and a rental value of £3,357 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £526,156 and a rental value of £2,973 per month.
Over the last 12 months the sale value of Flat 18 Reservoir Studios 547 has decreased by an estimated £18,730 (3.3%) and its rental value has increased by an estimated £162 per month (5.1%), giving an expected gross yield of 6.8%.
Flat 18, Reservoir Studios 547 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Oct 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Flat 18, Reservoir Studios 547 was last sold on 5th February 2010 for £372,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2010, the market for similar properties has risen 31.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 18, Reservoir Studios 547 within a radius of 300 metres over the last 2 years.
The most recent example is Flat 27, Campania Building 1, Jardine Road, London, E1W 3WD, a leasehold flat which sold for £885,000 on the 7th July 2020.
Read more about house prices in E1.
•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 18, Reservoir Studios 547 is the 13th largest and the 27th most expensive property on the street.
When compared to the postcode district it is £50k more expensive than the average property in E1.
The nearest school is Marion Richardson Primary School which is 300 metres away. The nearest train station is Limehouse which is 300 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
