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According to the public record, Flat 21, 26, Spital Square is a modern leasehold apartment with 796 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 21, 26, Spital Square is £641,498 and the estimated rental value is £3,163 per month.
The apartment is within 26, Spital Square, London, E1.
Spital Square, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 21, 26, Spital Square has 31 entries in the Land Registry , most recently in June 2021 and a single entry in the EPC database dated December 2016.
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 21, 26, Spital Square is in very good condition we estimate a sale value of £673,573 and a rental value of £3,321 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £596,594 and a rental value of £2,942 per month.
Over the last 12 months the sale value of Flat 21 26 Spital Square has decreased by an estimated £20,319 (3.2%) and its rental value has increased by an estimated £213 per month (6.7%), giving an expected gross yield of 5.9%.
Flat 21, 26, Spital Square has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Dec 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 21, 26, Spital Square was last sold on 24th June 2021 for £650,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since June 2021, the market for similar properties has dropped 37.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 21, 26, Spital Square within a radius of 290 metres over the last 2 years.
The most recent example is 27, Spital Square, London, E1 6DX, a leasehold flat which sold for £2,105,020 on the 16th August 2024.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spital Square, London, E1 has a total of 40 addresses. According to our analysis of all the public data, Flat 21, 26, Spital Square is the 17th largest and the 24th most expensive property on the street.
When compared to the postcode district it is £129k more expensive than the average property in E1.
The closest station to Flat 21, 26, Spital Square is Shoreditch High Street station which is 300 metres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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 21, 26, Spital Square, 49.7% of property is privately rented and 29.3% 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 21, 26, Spital Square, 11.0% of residents are recorded as possessing school level qualifications and 74.9% 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 21, 26, Spital Square, the average age was 32.1 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 21, 26, Spital Square, 3.7% 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 21, 26, Spital Square, 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.