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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
Public records show Flat 3, Reid Building 12 to be a modern leasehold apartment with 548 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a balcony.
Flat 3, Reid Building 12 has an estimated sale value of £335,085 and an estimated rental value of £1,967 per month, assuming reasonable condition and based on the information available.
The apartment sits within Reid Building, Eric Street, London, E3.
Eric Street, London, E3 lies in the borough of Tower Hamlets, within the E3 postal district.
Flat 3, Reid Building 12 has 3 entries in the Land Registry , most recently in September 2023 and a single entry in the EPC database dated January 2023.
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 3, Reid Building 12 would be worth £351,840, with a potential rental value of £2,066 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £311,629, with a rental value of £1,830 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 3, Reid Building 12 has decreased by £10,811 (3.2%) over the last year. During the same period, its estimated monthly rental value has grown by £86 (4.4%). The property's estimated gross yield is currently 7.0%.
Flat 3, Reid Building 12 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Jan 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Flat 3, Reid Building 12 last changed hands on 22nd September 2023, selling for £332,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 13.7% since September 2023.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 330 metres of Flat 3, Reid Building 12 across the last 2 years.
Most recently, Flat 5, 10, Sarum Terrace, London, E3 4HJ, a leasehold flat, sold at £350,000 on the 8th October 2025.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 3, Reid Building 12 as the 186th largest and the 195th most expensive of the 255 addresses on Eric Street, London, E3.
Against the E3 postcode district average, it is £110k less expensive than the typical property.
Mile End station is the nearest stop to Flat 3, Reid Building 12 at 500 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3, Reid Building 12, % of property is and % is .
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 3, Reid Building 12, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 3, Reid Building 12, 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 3, Reid Building 12, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
