Flat 2, 27-31
Flat 2, 27-31
Description & Estimates
The public record describes Flat 2, 27-31, Mitre Street as a period apartment with 721 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 2, 27-31, Mitre Street has an estimated sale value of £686,474 and an estimated rental value of £3,129 per month, assuming reasonable condition and based on the information available.
The apartment sits within 27-31, Mitre Street, London, EC3.
Mitre Street, London, EC3 lies in the borough of City and County of the City of London, within the EC3 postal district.
Our Data Sources
Flat 2, 27-31, Mitre Street has no records in the the Land Registry and a single entry in the EPC database dated August 2020.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Flat 2, 27-31, Mitre Street would be worth £720,798, with a potential rental value of £3,286 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £638,421, with a rental value of £2,910 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 2, 27-31, Mitre Street has dropped by £25,586 (3.7%) over the last year. During the same period, its estimated monthly rental value has risen by £164 (5.3%). The property's estimated gross yield is currently 5.5%.
Energy Efficiency
Flat 2, 27-31, Mitre Street has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Aug 2020.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 340 metres of Flat 2, 27-31, Mitre Street across the last 2 years.
Most recently, Flat 5, 27, Minories, London, EC3N 1DE, a leasehold flat, sold at £953,390 on the 3rd August 2023.
Read more about house prices in EC3.
- Sold Aug 2023£953,390 | 2 Bed FlatFlat 5, 27, Minories, London, EC3N 1DEFlat 5, 27, Minories, London, EC3N 1DE
- Sold Apr 2021£720,000 | 2 Bed FlatFlat 26, 18-20, Creechurch Lane, London, EC3A 5AYFlat 26, 18-20, Creechurch Lane, London, EC3A 5AY
- Sold Dec 2013£6,950,000 | 2 Bed FlatFlat 4, 27-31, Mitre Street, London, EC3A 5BZFlat 4, 27-31, Mitre Street, London, EC3A 5BZ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks Flat 2, 27-31, Mitre Street as the 6th largest and the 6th most expensive of the 9 addresses on Mitre Street, London, EC3.
Against the EC3 postcode district average, it is £219k less expensive than the typical property.
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Schools Nearby
- 100mThe Aldgate School
- 500mEnglish Martyrs Roman Catholic Primary School
- 500mMulberry Canon Barnett Primary Academy
- 1.0kmLondon Enterprise Academy
- 1.0kmMulberry Academy London Dock
- 1.2kmWapping High School
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Public Transport Nearby
Aldgate station is the nearest stop to Flat 2, 27-31, Mitre Street at 200 metres away.
- 200mAldgate
- 200mLondon Fenchurch Street
- 400mTower Hill
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
