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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
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Public records show Flat 9, Gillman House to be an early-century leasehold apartment with 861 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 9, Gillman House has an estimated sale value of £537,192 and an estimated rental value of £3,097 per month, assuming reasonable condition and based on the information available.
The apartment sits within Gillman House, Teale Street, London, E2.
Teale Street, London, E2 lies in the borough of Tower Hamlets, within the E2 postal district.
Flat 9, Gillman House has 21 entries in the Land Registry , most recently in March 2022 and a single entry in the EPC database dated May 2015.
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.
In very good condition, we estimate Flat 9, Gillman House would be worth £564,051, with a potential rental value of £3,252 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £499,588, with a rental value of £2,880 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 9, Gillman House has declined by £16,829 (3.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £152 (4.9%). The property's estimated gross yield is currently 6.9%.
Flat 9, Gillman House has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 May 2015.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Flat 9, Gillman House last changed hands on 22nd March 2022, selling for £580,200. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 14.6% since March 2022.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 270 metres of Flat 9, Gillman House across the last 2 years.
Most recently, Flat 26, Besford House, Pritchards Road, London, E2 9BJ, a leasehold flat, sold at £652,100 on the 29th November 2024.
Read more about house prices in E2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 9, Gillman House as the 40th largest and the 44th most expensive of the 223 addresses on Teale Street, London, E2.
Against the E2 postcode district average, it is £30k more expensive than the typical property.
Cambridge Heath station is the nearest stop to Flat 9, Gillman House at 400 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 9, Gillman House, 59.4% of property is socially rented and 27.8% is privately rented.
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 9, Gillman House, 31.5% of residents are recorded as possessing school level qualifications and 29.3% 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 9, Gillman House, the average age was 33.1 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 9, Gillman House, 0.5% 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 9, Gillman House, there are an average of 0.5 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
