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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 27, Spaceworks Building 21 is £293,285 and the estimated rental value is £1,640 per month.
The apartment is within Spaceworks Building, Plumbers Row, London, E1.
Plumbers Row, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Flat 27, Spaceworks Building 21 has no records in the the Land Registry and a single entry in the EPC database dated October 2016.
We combine this information with public data 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 27, Spaceworks Building 21 is in very good condition we estimate a sale value of £307,949 and a rental value of £1,722 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £272,755 and a rental value of £1,525 per month.
Over the last 12 months the sale value of Flat 27 Spaceworks Building 21 has decreased by an estimated £8,387 (2.9%) and its rental value has increased by an estimated £111 per month (6.8%), giving an expected gross yield of 6.7%.
Flat 27, Spaceworks Building 21 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Oct 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 27, Spaceworks Building 21 within a radius of 180 metres over the last 2 years.
The most recent example is Apartment 89, Skyline Plaza Building 80, Commercial Road, London, E1 1NZ, a leasehold flat which sold for £320,000 on the 11th September 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 2 lets of properties similar to Flat 27, Spaceworks Building 21 within a radius of 180 metres over the last 2 years.
Most recently Flat 408, Colefax Building 23, Plumbers Row, London, E1 1EQ, a leasehold flat let by Maplewood Property in October 2024.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Plumbers Row, London, E1 has a total of 220 addresses. According to our analysis of all the public data, Flat 27, Spaceworks Building 21 is the 185th largest and the 217th most expensive property on the street.
When compared to the postcode district it is £219k less expensive than the average property in E1.
The closest station to Flat 27, Spaceworks Building 21 is Aldgate East station which is 400 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 27, Spaceworks Building 21, 66.0% of property is privately rented and 17.0% 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 27, Spaceworks Building 21, 35.9% of residents are recorded as possessing school level qualifications and 60.2% 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 27, Spaceworks Building 21, 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 27, Spaceworks Building 21, 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 27, Spaceworks Building 21, 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.