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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
Flat 605, Neroli House 14 is recorded publicly as a modern leasehold apartment across 462 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a balcony.
Our estimate of the sale value of Flat 605, Neroli House 14 is £565,859 and its rental estimate is £2,353 per month, given the available information and assuming reasonable condition.
Neroli House, Piazza Walk is a residential building on Piazza Walk, London, E1 and falls within the E1 postal district and the London Borough of Tower Hamlets.
Flat 605, Neroli House 14 has a single entry in the Land Registry from August 2019 and a single entry in the EPC database dated June 2019.
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 605, Neroli House 14, we estimate a market value of £594,152 and a rental value of £2,470 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £526,249 and £2,188 per month respectively.
Over the last year, Flat 605, Neroli House 14 has seen its estimated sale value decline by £17,546 (3.1%) and its estimated rental value climb by £122 per month (5.2%). This results in an estimated gross rental yield of 5.0%.
Flat 605, Neroli House 14 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Jun 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
The most recent sale of Flat 605, Neroli House 14 completed on 12th August 2019 at £697,680 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 46.8% over the period since August 2019.
Over the past 2 years 3 properties similar to Flat 605, Neroli House 14 have sold within a radius of 130 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th August 2019, was Flat 305, Neroli House 14, Piazza Walk, London, E1 8ZH, a leasehold flat which sold for £667,375.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 310 addresses on Piazza Walk, London, E1, Flat 605, Neroli House 14 comes out as the 294th largest and the 211th most expensive in our analysis of the public data.
It is also £50k more expensive than the average property across the E1 district.
From Flat 605, Neroli House 14, the nearest station is Aldgate East, 300 metres away.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 605, Neroli House 14, % 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 605, Neroli House 14, 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 605, Neroli House 14, 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 605, Neroli House 14, 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.
