Flat 5, 11-12
Flat 5, 11-12
Description & Estimates
Flat 5, 11-12, Lovat Lane is recorded publicly as a modern leasehold apartment across 1,108 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 5, 11-12, Lovat Lane is £757,976 and its rental estimate is £3,538 per month, given the available information and assuming reasonable condition.
11, Lovat Lane is a residential building on Lovat Lane, London, EC3 and falls within the EC3 postal district and the London Borough of City and County of the City of London.
Our Data Sources
Flat 5, 11-12, Lovat Lane has 2 entries in the Land Registry , most recently in June 2021 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 1 out of 5 and is considered of low 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 5, 11-12, Lovat Lane, we estimate a market value of £795,875 and a rental value of £3,715 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £704,918 and £3,290 per month respectively.
Recent Market Change
Over the last year, Flat 5, 11-12, Lovat Lane has seen its estimated sale value drop by £12,421 (1.6%) and its estimated rental value rise by £252 per month (7.1%). This results in an estimated gross rental yield of 5.6%.
Energy Efficiency
Flat 5, 11-12, Lovat Lane has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Jan 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
The most recent sale of Flat 5, 11-12, Lovat Lane completed on 7th June 2021 at £820,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 10.0% over the period since June 2021.
- Sold Jun 2021£820,000
- Sold Mar 2018£835,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 5, 11-12, Lovat Lane have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th June 2022, was Apartment 7, 35, Bush Lane, London, EC4R 0AW, a leasehold flat which sold for £775,000.
Read more about house prices in EC3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 53 addresses on Lovat Lane, London, EC3, Flat 5, 11-12, Lovat Lane comes out as the 10th largest and the 19th most expensive in our analysis of the public data.
It is also £148k less expensive than the average property across the EC3 district.
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Schools Nearby
- 600mThe Aldgate School
- 900mEnglish Martyrs Roman Catholic Primary School
- 900mSnowsfields Primary School
- 1.2kmMulberry Academy London Dock
- 1.3kmHaberdashers' Borough Academy
- 1.5kmLondon Enterprise Academy
More reading links
Public Transport Nearby
From Flat 5, 11-12, Lovat Lane, the nearest station is Monument, 100 metres away.
- 100mMonument
- 400mLondon Fenchurch Street
- 500mLondon Cannon Street
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
