Flat 70, The Textile Building 31A
Flat 70, The Textile Building 31A
Description & Estimates
Flat 70, The Textile Building 31A is recorded publicly as a mid-century leasehold apartment across 1,323 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Flat 70, The Textile Building 31A is £897,365 and its rental estimate is £4,038 per month, given the available information and assuming reasonable condition.
The Textile Building, Chatham Place is a residential building on Chatham Place, London, E9 and falls within the E9 postal district and the London Borough of Hackney.
Our Data Sources
Flat 70, The Textile Building 31A has 2 entries in the Land Registry , most recently in March 2019 and a single entry in the EPC database dated April 2014.
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.
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 70, The Textile Building 31A, we estimate a market value of £942,233 and a rental value of £4,239 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £834,549 and £3,755 per month respectively.
Recent Market Change
Over the last year, Flat 70, The Textile Building 31A has seen its estimated sale value decrease by £23,567 (2.6%) and its estimated rental value grow by £204 per month (5.1%). This results in an estimated gross rental yield of 5.4%.
Energy Efficiency
Flat 70, The Textile Building 31A has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Apr 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 70, The Textile Building 31A completed on 1st March 2019 at £785,000 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 23.9% over the period since March 2019.
- Sold Mar 2019£785,000
- Sold Jun 2014£750,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 70, The Textile Building 31A have sold within a radius of 290 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th February 2024, was Flat 1, The Textile Building 31A, Chatham Place, London, E9 6FJ, a leasehold flat which sold for £625,000.
Read more about house prices in E9.
- Sold Feb 2024£625,000 | 3 Bed FlatThe Textile Building 31A, Chatham PlaceFlat 1, The Textile Building 31A, Chatham Place, London, E9 6FJ
- Sold Aug 2016£414,646 | 3 Bed FlatThe Textile Building 31A, Chatham PlaceFlat 66, The Textile Building 31A, Chatham Place, London, E9 6FJ
- Sold Aug 2016£471,030 | 3 Bed FlatThe Textile Building 31A, Chatham PlaceFlat 68, The Textile Building 31A, Chatham Place, London, E9 6FJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 320 addresses on Chatham Place, London, E9, Flat 70, The Textile Building 31A comes out as the 4th largest and the 2nd most expensive in our analysis of the public data.
It is also £345k more expensive than the average property across the E9 district.
More reading links
Schools Nearby
- 100mMorningside Primary School
- 300mSt John and St James CofE Primary School
- 400mBerger Primary School
- 200mThe Urswick School - A Church of England Secondary School
- 300mCardinal Pole Catholic School
- 400mThe City Academy, Hackney
More reading links
Public Transport Nearby
From Flat 70, The Textile Building 31A, the nearest station is Hackney Central, 400 metres away.
- 400mHackney Central
- 600mHomerton
- 700mLondon Fields
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
