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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 3, Cobalt Building 2 is a modern leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 3, Cobalt Building 2 is £328,998 and the estimated rental value is £1,981 per month.
The apartment is within Cobalt Building, Hare Row, London, E2.
Hare Row, London, E2 is located in the borough of Tower Hamlets within the E2 postal district.
Flat 3, Cobalt Building 2 has 31 entries in the Land Registry , most recently in June 2024 and a single entry in the EPC database dated January 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 3, Cobalt Building 2 is in very good condition we estimate a sale value of £345,448 and a rental value of £2,080 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £305,968 and a rental value of £1,842 per month.
Over the last 12 months the sale value of Flat 3 Cobalt Building 2 has decreased by an estimated £7,426 (2.3%) and its rental value has increased by an estimated £128 per month (6.5%), giving an expected gross yield of 7.2%.
Flat 3, Cobalt Building 2 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Jan 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Flat 3, Cobalt Building 2 was last sold on 14th June 2024 for £325,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since June 2024, the market for similar properties has risen 17.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Cobalt Building 2 within a radius of 280 metres over the last 2 years.
The most recent example is 32, Millennium Place, London, E2 9NL, a leasehold flat which sold for £383,000 on the 29th October 2024.
Read more about house prices in E2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hare Row, London, E2 has a total of 11 addresses. According to our analysis of all the public data, Flat 3, Cobalt Building 2 is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £181k less expensive than the average property in E2.
The nearest school is Mowlem Primary School which is 227 metres away. The nearest train station is Cambridge Heath which is 100 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
