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According to the public record, 1, Cumberland Mills Square is a modern leasehold apartment with 979 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Cumberland Mills Square is £578,899 and the estimated rental value is £3,384 per month.
Cumberland Mills Square, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
1, Cumberland Mills Square has a single entry in the Land Registry from October 2014 and a single entry in the EPC database dated December 2013.
We combine this information with that 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.
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 1, Cumberland Mills Square is in very good condition we estimate a sale value of £607,844 and a rental value of £3,554 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £538,376 and a rental value of £3,147 per month.
Over the last 12 months the sale value of 1 Cumberland Mills Square has decreased by an estimated £24,309 (4.2%) and its rental value has increased by an estimated £158 per month (4.7%), giving an expected gross yield of 7%.
1, Cumberland Mills Square has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 03 Dec 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1, Cumberland Mills Square was last sold on 31st October 2014 for £499,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2014, the market for similar properties has risen 6.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Cumberland Mills Square within a radius of 490 metres over the last 2 years.
The most recent example is 12, Cumberland Mills Square, London, E14 3BH, a leasehold flat which sold for £707,000 on the 24th May 2024.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cumberland Mills Square, London, E14 has a total of 87 addresses. According to our analysis of all the public data, 1, Cumberland Mills Square is the 37th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £104k more expensive than the average property in E14.
The nearest school is George Green's School which is 100 metres away. The nearest train station is Island Gardens which is 300 metres away.
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