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Flat 3002, 5, Moor Lane is recorded publicly as a modern leasehold apartment across 914 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 3002, 5, Moor Lane is £1,071,121 and its rental estimate is £5,114 per month, given the available information and assuming reasonable condition.
5, Moor Lane is a residential building on Moor Lane, London, EC2 and falls within the EC2 postal district and the London Borough of City and County of the City of London.
Flat 3002, 5, Moor Lane has a single entry in the Land Registry from January 2014 and a single entry in the EPC database dated August 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.
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 3002, 5, Moor Lane, we estimate a market value of £1,124,677 and a rental value of £5,369 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £996,143 and £4,756 per month respectively.
Over the last year, Flat 3002, 5, Moor Lane has seen its estimated sale value drop by £39,922 (3.7%) and its estimated rental value rise by £269 per month (5.3%). This results in an estimated gross rental yield of 5.7%.
Flat 3002, 5, Moor Lane has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Aug 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
The most recent sale of Flat 3002, 5, Moor Lane completed on 24th January 2014 at £1,400,000 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 7.7% over the period since January 2014.
Over the past 2 years 3 properties similar to Flat 3002, 5, Moor Lane have sold within a radius of 340 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th January 2024, was Flat 2102, 5, Moor Lane, London, EC2Y 9AZ, a leasehold flat which sold for £1,070,000.
Read more about house prices in EC2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 286 addresses on Moor Lane, London, EC2, Flat 3002, 5, Moor Lane comes out as the 49th largest and the 53rd most expensive in our analysis of the public data.
It is also £165k more expensive than the average property across the EC2 district.
From Flat 3002, 5, Moor Lane, the nearest station is Moorgate, 0 metres away.
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 3002, 5, Moor Lane, 57.8% of property is privately rented and 23.7% is privately owned outright.
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 3002, 5, Moor Lane, 13.3% of residents are recorded as possessing school level qualifications and 84.3% 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 3002, 5, Moor Lane, the average age was 40.7 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 3002, 5, Moor Lane, 4.3% 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 3002, 5, Moor Lane, there are an average of 0.2 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.