Flat 5, Herbert House
Flat 5, Herbert House
Description & Estimates
According to the public record, Flat 5, Herbert House is an early-century leasehold apartment with 570 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 5, Herbert House is £370,569 and the estimated rental value is £2,301 per month.
The apartment is within Herbert House, Old Castle Street, London, E1.
Old Castle Street, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Our Data Sources
Flat 5, Herbert House has a single entry in the Land Registry from July 2014 and a single entry in the EPC database dated September 2020.
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.
Price Range & Condition
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 5, Herbert House is in very good condition we estimate a sale value of £389,097 and a rental value of £2,416 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £344,629 and a rental value of £2,140 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 5, Herbert House has moved down by £10,334 (2.8%), while its estimated rental value has increased by £124 per month (5.4%). Based on current estimates, the property offers a gross rental yield of 7.5%.
Energy Efficiency
Flat 5, Herbert House has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Sep 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 5, Herbert House was last sold on 17th July 2014 for £315,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since July 2014, the market for similar properties has dropped by 11.6%.
- Sold Jul 2014£315,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, Herbert House within a radius of 160 metres over the last 2 years.
The most recent example is Flat 11, Brunswick House 2, New Goulston Street, London, E1 7PR, a leasehold flat which sold for £368,500 on the 25th August 2023.
Read more about house prices in E1.
- Sold Aug 2023£368,500 | 1 Bed FlatBrunswick House 2, New Goulston StreetFlat 11, Brunswick House 2, New Goulston Street, London, E1 7PR
- Sold Nov 2022£420,000 | 2 Bed FlatHerbert House, Old Castle StreetFlat 21, Herbert House, Old Castle Street, London, E1 7TW
- Sold Mar 2020£365,000 | 2 Bed FlatHerbert House, Old Castle StreetFlat 12, Herbert House, Old Castle Street, London, E1 7TW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Old Castle Street, London, E1 has a total of 206 addresses. According to our analysis of all the public data, Flat 5, Herbert House is the 123rd largest and the 140th most expensive property on the street.
When compared to the postcode district it is £145k less expensive than the average property in E1.
More reading links
Schools Nearby
- 200mMulberry Canon Barnett Primary Academy
- 300mChrist Church CofE School
- 300mThe Aldgate School
- 700mLondon Enterprise Academy
- 900mWapping High School
- 1.0kmMulberry Academy London Dock
More reading links
Public Transport Nearby
The closest station to Flat 5, Herbert House is Aldgate East station, which is 200 metres away.
- 200mAldgate East
- 300mAldgate
- 600mLondon Liverpool Street
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
