12, Pier Head
12, Pier Head
Description & Estimates
According to the public record, 12, Pier Head is a period freehold house with 1,765 ft2 of internal area and sits on a 126 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 12, Pier Head is £2,182,320 and the estimated rental value is £8,039 per month.
Pier Head, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Our Data Sources
12, Pier Head has a single entry in the Land Registry from August 2017 and a single entry in the EPC database dated March 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
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 12, Pier Head is in very good condition we estimate a sale value of £2,291,436 and a rental value of £8,441 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £2,029,557 and a rental value of £7,476 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 12, Pier Head has decreased by £126,777 (5.8%), while its estimated rental value has grown by £212 per month (2.6%). Based on current estimates, the property offers a gross rental yield of 4.4%.
Plot Size
According to data from HM Land Registry, 12, Pier Head sits on a plot of 126 m2.
We have plot size data on 6 out of 12 other houses in the postcode and 12, Pier Head sits on the 3rd largest plot.
Energy Efficiency
12, Pier Head has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Mar 2017.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 12, Pier Head was last sold on 11th August 2017 for £1,835,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since August 2017, the market for similar properties has dropped by 60.4%.
- Sold Aug 2017£1,835,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there has been 1 sale of a property similar to 12, Pier Head within a radius of 370 metres over the last 2 years.
The most recent example is 13, Pier Head, London, E1W 1PN, a leasehold house which sold for £1,050,041 on the 12th December 2011.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Pier Head, London, E1 has a total of 37 addresses. According to our analysis of all the public data, 12, Pier Head is the 15th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £1.667m more expensive than the average property in E1.
More reading links
Schools Nearby
- 300mHermitage Primary School
- 500mRiverside Primary School
- 600mSt Peter's London Docks CofE Primary School
- 600mSt Michael's Catholic College
- 700mMulberry Academy London Dock
- 800mThe Charter School Bermondsey
More reading links
Public Transport Nearby
The closest station to 12, Pier Head is Wapping station, which is 400 metres away.
- 400mWapping
- 600mBermondsey
- 700mRotherhithe
Available Internet Speeds
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
