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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 3, Head Street is £560,043 and the estimated rental value is £3,152 per month.
The apartment is within 3, Head Street, London, E1.
Head Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 2, 3, Head Street has no records in the the Land Registry and a single entry in the EPC database dated July 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 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 2, 3, Head Street is in very good condition we estimate a sale value of £588,046 and a rental value of £3,310 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £520,840 and a rental value of £2,932 per month.
Over the last 12 months the sale value of Flat 2 3 Head Street has decreased by an estimated £13,449 (2.4%) and its rental value has increased by an estimated £207 per month (6.6%), giving an expected gross yield of 6.8%.
Flat 2, 3, Head Street has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 21 Jul 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, radiators, electric.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 3, Head Street within a radius of 280 metres over the last 2 years.
The most recent example is Flat 5, 1, Head Street, London, E1 0QN, a leasehold flat which sold for £650,000 on the 27th November 2023.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Head Street, London, E1 has a total of 11 addresses. According to our analysis of all the public data, Flat 2, 3, Head Street is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £48k more expensive than the average property in E1.
The closest station to Flat 2, 3, Head Street is Limehouse station which is 400 metres away.
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 2, 3, Head Street, 55.7% of property is socially rented and 16.1% 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 2, 3, Head Street, 30.0% of residents are recorded as possessing school level qualifications and 24.5% 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 2, 3, Head Street, the average age was 33.6 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 2, 3, Head Street, 0.0% 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 2, 3, Head Street, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.