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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, Maddocks House is a mid-century leasehold apartment with 818 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, Maddocks House is £455,361 and the estimated rental value is £2,635 per month.
The apartment is within Maddocks House, Cornwall Street, London, E1.
Cornwall Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 2, Maddocks House has 2 entries in the Land Registry , most recently in February 2020 and a single entry in the EPC database dated October 2019.
We combine this information with that 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.
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, Maddocks House is in very good condition we estimate a sale value of £478,129 and a rental value of £2,767 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £423,486 and a rental value of £2,451 per month.
Over the last 12 months the sale value of Flat 2 Maddocks House has decreased by an estimated £14,423 (3.2%) and its rental value has increased by an estimated £177 per month (6.7%), giving an expected gross yield of 6.9%.
Flat 2, Maddocks House has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Oct 2019.
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, Maddocks House was last sold on 27th February 2020 for £515,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since February 2020, the market for similar properties has risen 6.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Maddocks House within a radius of 270 metres over the last 2 years.
The most recent example is 22, Chapman Street, London, E1 2NN, a leasehold flat which sold for £240,000 on the 19th February 2021.
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 within a 270 metres radius of Flat 2, Maddocks House over the last 2 years.
Most recently Flat 30, Hannah Building 56, Watney Street, London, E1 2QU, a leasehold flat let by Fine Living in June 2023.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cornwall Street, London, E1 has a total of 128 addresses. According to our analysis of all the public data, Flat 2, Maddocks House is the 32nd largest and the 14th most expensive property on the street.
When compared to the postcode district it is £57k less expensive than the average property in E1.
The closest station to Flat 2, Maddocks House is Shadwell station which is 0 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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, Maddocks House, 52.2% of property is socially rented and 18.5% 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, Maddocks House, 27.4% of residents are recorded as possessing school level qualifications and 29.9% 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, Maddocks House, the average age was 32.1 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, Maddocks House, 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, Maddocks House, there are an average of 0.4 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
