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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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Public records show Flat 22, Shakespeare Tower to be a mid-century leasehold apartment with 1,130 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a balcony.
Flat 22, Shakespeare Tower has an estimated sale value of £1,736,081 and an estimated rental value of £6,324 per month, assuming reasonable condition and based on the information available.
The apartment sits within Shakespeare Tower, Barbican, London, EC2.
Barbican, London, EC2 lies in the borough of City and County of the City of London, within the EC2 postal district.
Flat 22, Shakespeare Tower has 21 entries in the Land Registry , most recently in August 2017 and a single entry in the EPC database dated February 2021.
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.
In very good condition, we estimate Flat 22, Shakespeare Tower would be worth £1,822,885, with a potential rental value of £6,640 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £1,614,556, with a rental value of £5,881 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 22, Shakespeare Tower has declined by £25,262 (1.5%) over the last year. During the same period, its estimated monthly rental value has climbed by £486 (7.7%). The property's estimated gross yield is currently 4.4%.
Flat 22, Shakespeare Tower has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Feb 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Flat 22, Shakespeare Tower last changed hands on 18th August 2017, selling for £1,350,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 13.9% since August 2017.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 220 metres of Flat 22, Shakespeare Tower across the last 2 years.
Most recently, Flat 172, Shakespeare Tower, Barbican, London, EC2Y 8DR, a leasehold flat, sold at £1,800,000 on the 17th May 2024.
Read more about house prices in EC2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 22, Shakespeare Tower as the 315th largest and the 97th most expensive of the 1944 addresses on Barbican, London, EC2.
Against the EC2 postcode district average, it is £830k more expensive than the typical property.
Barbican station is the nearest stop to Flat 22, Shakespeare Tower at 200 metres away.
Ofcom's latest figures show standard broadband available in this area.
According to recent data from Ofcom, Standard broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 22, Shakespeare Tower, 62.8% of property is privately owned outright and 16.0% is privately 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 22, Shakespeare Tower, 10.2% of residents are recorded as possessing school level qualifications and 76.3% 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 22, Shakespeare Tower, the average age was 40.7 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 22, Shakespeare Tower, 6.8% 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 22, Shakespeare Tower, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
