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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, Bancroft House is a mid-century leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Bancroft House is £333,909 and the estimated rental value is £2,024 per month.
The apartment is within Bancroft House, Cephas Street, London, E1.
Cephas Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 2, Bancroft House has 31 entries in the Land Registry , most recently in September 2007 and a single entry in the EPC database dated November 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Bancroft House is in very good condition we estimate a sale value of £350,604 and a rental value of £2,125 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £310,535 and a rental value of £1,882 per month.
Over the last 12 months the sale value of Flat 2 Bancroft House has decreased by an estimated £10,576 (3.2%) and its rental value has increased by an estimated £136 per month (6.7%), giving an expected gross yield of 7.3%.
Flat 2, Bancroft House has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Nov 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 2, Bancroft House was last sold on 10th September 2007 for £244,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since September 2007, the market for similar properties has risen 71.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Bancroft House within a radius of 290 metres over the last 2 years.
The most recent example is Flat 16, Bancroft House, Cephas Street, London, E1 4HR, a leasehold flat which sold for £367,500 on the 2nd October 2024.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cephas Street, London, E1 has a total of 218 addresses. According to our analysis of all the public data, Flat 2, Bancroft House is the 131st largest and the 185th most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in E1.
The closest station to Flat 2, Bancroft House is Stepney Green station which is 400 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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, Bancroft House, 47.3% of property is socially rented and 33.8% 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 2, Bancroft House, 29.5% of residents are recorded as possessing school level qualifications and 26.6% 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, Bancroft House, the average age was 31.3 and the most common age was 32.
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, Bancroft House, 1.2% 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, Bancroft House, 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.
