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Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Flat 9, James House is £363,575 and its rental estimate is £2,176 per month, given the available information and assuming reasonable condition.
James House, Solebay Street is a residential building on Solebay Street, London, E1 and falls within the E1 postal district and the London Borough of Tower Hamlets.
Flat 9, James House has no records in the the Land Registry and a single entry in the EPC database dated March 2024.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 9, James House, we estimate a market value of £381,754 and a rental value of £2,285 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £338,125 and £2,024 per month respectively.
Over the last year, Flat 9, James House has seen its estimated sale value decline by £11,357 (3.1%) and its estimated rental value climb by £110 per month (5.0%). This results in an estimated gross rental yield of 7.2%.
Flat 9, James House has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to Flat 9, James House have sold within a radius of 300 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th December 2024, was 19, Sandalwood Close, London, E1 4QL, a leasehold flat which sold for £390,000.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 57 addresses on Solebay Street, London, E1, Flat 9, James House comes out as the 30th largest and the 30th most expensive in our analysis of the public data.
It is also £152k less expensive than the average property across the E1 district.
From Flat 9, James House, the nearest station is Mile End, 500 metres away.
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
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 9, James House, 44.8% of property is socially rented and 36.2% 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, James House, 30.1% of residents are recorded as possessing school level qualifications and 35.4% 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, James House, the average age was 29.4 and the most common age was 17.
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, James House, 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 9, James 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.