1, Medway Mews
1, Medway Mews
Description & Estimates
1, Medway Mews is recorded publicly as a period leasehold house across 742 ft2 of internal area.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 1, Medway Mews is £701,978 and its rental estimate is £3,975 per month, given the available information and assuming reasonable condition.
Medway Mews, London, E3 falls within the E3 postal district, in the borough of Tower Hamlets.
Our Data Sources
1, Medway Mews has 31 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated September 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 1, Medway Mews, we estimate a market value of £737,077 and a rental value of £4,174 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £652,840 and £3,697 per month respectively.
Recent Market Change
Over the last year, 1, Medway Mews has seen its estimated sale value decline by £16,650 (2.4%) and its estimated rental value climb by £182 per month (4.6%). This results in an estimated gross rental yield of 6.8%.
Energy Efficiency
1, Medway Mews has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Sep 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Medway Mews completed on 28th October 2022 at £743,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 16.3% over the period since October 2022.
- Sold Oct 2022£743,000
- Sold Dec 2018£590,000
- Sold Oct 2004£276,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Medway Mews have sold within a radius of 280 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th September 2022, was 385, Roman Road, London, E3 5QR, a freehold house which sold for £850,000.
Read more about house prices in E3.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 6 addresses on Medway Mews, London, E3, 1, Medway Mews comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £257k more expensive than the average property across the E3 district.
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Schools Nearby
- 100mOlga Primary School
- 300mOld Ford Primary - A Paradigm Academy
- 300mChisenhale Primary School
- 600mCentral Foundation Girls' School
- 700mMulberry UTC
- 1.0kmMorpeth School
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Public Transport Nearby
From 1, Medway Mews, the nearest station is Mile End, 600 metres away.
- 600mMile End
- 800mBow Road
- 1.0kmBow Church
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
