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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 2, 7, Flank Street is a modern leasehold apartment with 656 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 7, Flank Street is £500,323 and the estimated rental value is £2,668 per month.
The apartment is within 7, Flank Street, London, E1.
Flank Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 2, 7, Flank Street has a single entry in the Land Registry from November 2020 and a single entry in the EPC database dated December 2018.
We combine this information with that 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, 7, Flank Street is in very good condition we estimate a sale value of £525,340 and a rental value of £2,801 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £465,301 and a rental value of £2,481 per month.
Over the last 12 months the sale value of Flat 2 7 Flank Street has decreased by an estimated £10,858 (2.2%) and its rental value has increased by an estimated £187 per month (7.0%), giving an expected gross yield of 6.4%.
Flat 2, 7, Flank Street has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Dec 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Electric underfloor heating.
According to HM Land Registry, Flat 2, 7, Flank Street was last sold on 20th November 2020 for £585,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2020, the market for similar properties has dropped 6.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 7, Flank Street within a radius of 260 metres over the last 2 years.
The most recent example is Flat 24, 1, Prescot Street, London, E1 8RJ, a leasehold flat which sold for £482,500 on the 1st March 2024.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents report 1 let of a property similar to Flat 2, 7, Flank Street within a radius of 260 metres over the last 2 years.
Most recently Flat 2, 85, Royal Mint Street, London, E1 8ZZ, a leasehold flat let by Fine Living in March 2020.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Flank Street, London, E1 has a total of 3 addresses. According to our analysis of all the public data, Flat 2, 7, Flank Street is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £12k less expensive than the average property in E1.
The closest station to Flat 2, 7, Flank Street is Tower Gateway 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.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 7, Flank Street, % of property is and % is .
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, 7, Flank Street, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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, 7, Flank 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, 7, Flank Street, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
