Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Flat 2, Vicinity House 1 is recorded publicly as a modern leasehold apartment across 452 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 2, Vicinity House 1 is £305,017 and its rental estimate is £1,810 per month, given the available information and assuming reasonable condition.
Vicinity House, Storehouse Mews is a residential building on Storehouse Mews, London, E14 and falls within the E14 postal district and the London Borough of Tower Hamlets.
Flat 2, Vicinity House 1 has a single entry in the Land Registry from December 2009 and a single entry in the EPC database dated March 2020.
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.
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, Vicinity House 1, we estimate a market value of £320,268 and a rental value of £1,901 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £283,666 and £1,684 per month respectively.
Over the last year, Flat 2, Vicinity House 1 has seen its estimated sale value fall by £13,695 (4.5%) and its estimated rental value move up by £78 per month (4.3%). This results in an estimated gross rental yield of 7.1%.
Flat 2, Vicinity House 1 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Mar 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of Flat 2, Vicinity House 1 completed on 11th December 2009 at £250,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 3.4% over the period since December 2009.
Over the past 2 years 3 properties similar to Flat 2, Vicinity House 1 have sold within a radius of 350 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th July 2023, was Flat 10, Garland Court 1, Premiere Place, London, E14 8SA, a leasehold flat which sold for £300,000.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 37 addresses on Storehouse Mews, London, E14, Flat 2, Vicinity House 1 comes out as the 19th largest and the 34th most expensive in our analysis of the public data.
It is also £170k less expensive than the average property across the E14 district.
From Flat 2, Vicinity House 1, the nearest station is Westferry, 100 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated low, based on Environment Agency data.
Connect me with
an Estate Agent
Our partner Agents appear here!
Book a demo
Find an Estate
Agent
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, Vicinity House 1, 63.2% of property is privately rented and 12.8% 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, Vicinity House 1, 6.2% of residents are recorded as possessing school level qualifications and 77.6% 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, Vicinity House 1, the average age was 32.5 and the most common age was 27.
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, Vicinity House 1, 0.5% 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, Vicinity House 1, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
