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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, Old Station House 58 is a modern leasehold apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Old Station House 58 is £279,851 and the estimated rental value is £1,718 per month.
The apartment is within Old Station House, Cornwall Street, London, E1.
Cornwall Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 2, Old Station House 58 has 2 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated January 2018.
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, Old Station House 58 is in very good condition we estimate a sale value of £293,843 and a rental value of £1,804 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £260,261 and a rental value of £1,598 per month.
Over the last 12 months the sale value of Flat 2 Old Station House 58 has decreased by an estimated £7,305 (2.6%) and its rental value has increased by an estimated £117 per month (6.8%), giving an expected gross yield of 7.4%.
Flat 2, Old Station House 58 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Jan 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, Flat 2, Old Station House 58 was last sold on 17th September 2021 for £305,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2021, the market for similar properties has risen 10.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, Old Station House 58 within a radius of 260 metres over the last 2 years.
The most recent example is Flat 11, Kelday Heights 2, Spencer Way, London, E1 2PW, a leasehold flat which sold for £195,000 on the 16th August 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 within a 260 metres radius of Flat 2, Old Station House 58 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, Old Station House 58 is the 120th largest and the 119th most expensive property on the street.
When compared to the postcode district it is £233k less expensive than the average property in E1.
The closest station to Flat 2, Old Station House 58 is Shadwell station which is 100 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, Old Station House 58, 48.4% of property is privately rented and 29.0% is socially 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, Old Station House 58, 31.6% of residents are recorded as possessing school level qualifications and 28.1% 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, Old Station House 58, 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, Old Station House 58, 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, Old Station House 58, there are an average of 0.3 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
