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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 19, Eagle Works West 56 is recorded publicly as a modern leasehold apartment across 957 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 19, Eagle Works West 56 is £651,384 and its rental estimate is £3,460 per month, given the available information and assuming reasonable condition.
Eagle Works West, Quaker Street is a residential building on Quaker Street, London, E1 and falls within the E1 postal district and the London Borough of Tower Hamlets.
Flat 19, Eagle Works West 56 has 21 entries in the Land Registry , most recently in August 2015 and a single entry in the EPC database dated December 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 19, Eagle Works West 56, we estimate a market value of £683,953 and a rental value of £3,634 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £605,787 and £3,218 per month respectively.
Over the last year, Flat 19, Eagle Works West 56 has seen its estimated sale value decline by £21,565 (3.3%) and its estimated rental value climb by £176 per month (5.1%). This results in an estimated gross rental yield of 6.4%.
Flat 19, Eagle Works West 56 has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 09 Dec 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
The most recent sale of Flat 19, Eagle Works West 56 completed on 4th August 2015 at £485,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 36.2% over the period since August 2015.
Over the past 2 years 3 properties similar to Flat 19, Eagle Works West 56 have sold within a radius of 280 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd September 2022, was Flat 304, Alpha Court 20, Calvin Street, London, E1 6HF, a leasehold flat which sold for £695,000.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 143 addresses on Quaker Street, London, E1, Flat 19, Eagle Works West 56 comes out as the 25th largest and the 28th most expensive in our analysis of the public data.
It is also £136k more expensive than the average property across the E1 district.
From Flat 19, Eagle Works West 56, the nearest station is Shoreditch High Street, 200 metres away.
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none 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 19, Eagle Works West 56, 44.2% of property is socially rented and 35.5% is privately 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 19, Eagle Works West 56, 22.6% of residents are recorded as possessing school level qualifications and 49.8% 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 19, Eagle Works West 56, 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 19, Eagle Works West 56, 0.9% 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 19, Eagle Works West 56, 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.
