Flat 3, Element Court 11
Flat 3, Element Court 11
Description & Estimates
Flat 3, Element Court 11 is recorded publicly as a period leasehold apartment across 828 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 3, Element Court 11 is £825,249 and its rental estimate is £3,630 per month, given the available information and assuming reasonable condition.
Element Court, Chance Street is a residential building on Chance Street, London, E2 and falls within the E2 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 3, Element Court 11 has a single entry in the Land Registry from January 2017 and a single entry in the EPC database dated May 2016.
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.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 3, Element Court 11, we estimate a market value of £866,512 and a rental value of £3,812 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £767,482 and £3,376 per month respectively.
Recent Market Change
Over the last year, Flat 3, Element Court 11 has seen its estimated sale value decrease by £24,771 (3.0%) and its estimated rental value grow by £181 per month (5.0%). This results in an estimated gross rental yield of 5.3%.
Energy Efficiency
Flat 3, Element Court 11 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 May 2016.
The property is not connected to mains gas and has partial secondary glazing. It is heated using Community scheme.
Sold Prices
The most recent sale of Flat 3, Element Court 11 completed on 19th January 2017 at £915,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 14.1% over the period since January 2017.
- Sold Jan 2017£915,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 3, Element Court 11 have sold within a radius of 270 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th June 2024, was Apartment 79, Avantgarde Tower 1, Avantgarde Place, London, E1 6GR, a leasehold flat which sold for £940,000.
Read more about house prices in E2.
- Sold Jun 2024£940,000 | 3 Bed FlatAvantgarde Tower 1, Avantgarde PlaceApartment 79, Avantgarde Tower 1, Avantgarde Place, London, E1 6GR
- Sold Dec 2023£925,000 | 3 Bed FlatAvantgarde Tower 1, Avantgarde PlaceApartment 128, Avantgarde Tower 1, Avantgarde Place, London, E1 6GS
- Sold May 2023£875,000 | 3 Bed FlatAvantgarde Tower 1, Avantgarde PlaceApartment 107, Avantgarde Tower 1, Avantgarde Place, London, E1 6GS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 20 addresses on Chance Street, London, E2, Flat 3, Element Court 11 comes out as the 14th largest and the 12th most expensive in our analysis of the public data.
It is also £318k more expensive than the average property across the E2 district.
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Schools Nearby
- 200mVirginia Primary School
- 600mWilliam Davis Primary School
- 600mSt Monica's Catholic Primary School
- 500mMulberry Academy Shoreditch
- 700mCentral Foundation Boys' School
- 900mHaggerston School
More reading links
Public Transport Nearby
From Flat 3, Element Court 11, the nearest station is Shoreditch High Street, 200 metres away.
- 200mShoreditch High Street
- 700mHoxton
- 900mLondon Liverpool Street
Available Internet Speeds
Broadband here reaches standard speeds, based on recent Ofcom data.
According to recent data from Ofcom, Standard broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
