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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 23, 121, New Road is a modern leasehold apartment with 441 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 23, 121, New Road is £151,498 and the estimated rental value is £930 per month.
The apartment is within 121, New Road, London, E1.
New Road, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 23, 121, New Road has 3 entries in the Land Registry , most recently in August 2023 and a single entry in the EPC database dated July 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 23, 121, New Road is in very good condition we estimate a sale value of £159,073 and a rental value of £977 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £140,893 and a rental value of £865 per month.
Over the last 12 months the sale value of Flat 23 121 New Road has decreased by an estimated £4,332 (2.9%) and its rental value has increased by an estimated £63 per month (6.8%), giving an expected gross yield of 7.4%.
Flat 23, 121, New Road has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jul 2020.
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 23, 121, New Road was last sold on 18th August 2023 for £160,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since August 2023, the market for similar properties has dropped 10.8%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 250 metres radius of Flat 23, 121, New Road over the last 2 years.
The most recent example is Flat 14, 121, New Road, London, E1 1AL, a leasehold flat which sold for £118,750 on the 10th September 2020.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Road, London, E1 has a total of 114 addresses. According to our analysis of all the public data, Flat 23, 121, New Road is the 93rd largest and the 114th most expensive property on the street.
When compared to the postcode district it is £361k less expensive than the average property in E1.
The closest station to Flat 23, 121, New Road is Whitechapel station which is 300 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 23, 121, New Road, 72.4% of property is privately rented and 20.3% 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 23, 121, New Road, 28.6% of residents are recorded as possessing school level qualifications and 61.8% 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 23, 121, New Road, the average age was 29.7 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 23, 121, New Road, 0.7% 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 23, 121, New Road, there are an average of 0.1 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
