Flat 2, Charis House 1
Flat 2, Charis House 1
Description & Estimates
Flat 2, Charis House 1 is recorded publicly as a modern leasehold apartment across 710 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, Charis House 1 is £266,607 and its rental estimate is £1,690 per month, given the available information and assuming reasonable condition.
Charis House, Grace Street is a residential building on Grace Street, London, E3 and falls within the E3 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 2, Charis House 1 has 2 entries in the Land Registry , most recently in September 2024 and a single entry in the EPC database dated October 2023.
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.
Price Range & Condition
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 2, Charis House 1, we estimate a market value of £279,938 and a rental value of £1,774 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £247,945 and £1,572 per month respectively.
Recent Market Change
Over the last year, Flat 2, Charis House 1 has seen its estimated sale value move down by £7,125 (2.7%) and its estimated rental value increase by £78 per month (4.6%). This results in an estimated gross rental yield of 7.6%.
Energy Efficiency
Flat 2, Charis House 1 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 05 Oct 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 2, Charis House 1 completed on 27th September 2024 at £270,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 12.4% over the period since September 2024.
- Sold Sep 2024£270,000
- Sold Jul 2013£250,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, Charis House 1 have sold within a radius of 260 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th December 2022, was Flat 3, 74, Bromley High Street, London, E3 3EG, a leasehold flat which sold for £122,500.
Read more about house prices in E3.
- Sold Dec 2022£122,500 | 2 Bed Flat74, Bromley High StreetFlat 3, 74, Bromley High Street, London, E3 3EG
- Sold Nov 2021£226,176 | 2 Bed FlatLimscott House, Bruce RoadFlat 31, Limscott House, Bruce Road, London, E3 3HR
- Sold Mar 2007£195,000 | 2 Bed FlatCharis House 1, Grace StreetFlat 1, Charis House 1, Grace Street, London, E3 3DJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 5 addresses on Grace Street, London, E3, Flat 2, Charis House 1 comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £179k less expensive than the average property across the E3 district.
More reading links
Schools Nearby
- 200mOld Palace Primary School
- 400mMarner Primary School
- 400mSt Agnes RC Primary School
- 400mHarris Science Academy East London
- 400mBow School
- 1.1kmCentral Foundation Girls' School
More reading links
Public Transport Nearby
From Flat 2, Charis House 1, the nearest station is Bromley-by-Bow, 200 metres away.
- 200mBromley-by-Bow
- 600mDevons Road
- 600mBow Church
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
