18, Rich Street
18, Rich Street
Description & Estimates
18, Rich Street is recorded publicly as a modern leasehold apartment across 570 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 18, Rich Street is £295,188 and its rental estimate is £1,774 per month, given the available information and assuming reasonable condition.
Rich Street, London, E14 falls within the E14 postal district, in the borough of Tower Hamlets.
Our Data Sources
18, Rich Street has 21 entries in the Land Registry , most recently in July 2023 and a single entry in the EPC database dated May 2023.
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.
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 18, Rich Street, we estimate a market value of £309,948 and a rental value of £1,862 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £274,525 and £1,649 per month respectively.
Recent Market Change
Over the last year, 18, Rich Street has seen its estimated sale value decline by £10,953 (3.7%) and its estimated rental value climb by £76 per month (4.3%). This results in an estimated gross rental yield of 7.2%.
Energy Efficiency
18, Rich Street has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 May 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 18, Rich Street completed on 6th July 2023 at £311,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 12.1% over the period since July 2023.
- Sold Jul 2023£311,000
- Sold May 2000£113,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 18, Rich Street have sold within a radius of 290 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th August 2022, was 11, Rich Street, London, E14 8AL, a leasehold flat which sold for £320,000.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 34 addresses on Rich Street, London, E14, 18, Rich Street comes out as the 12th largest and the 12th most expensive in our analysis of the public data.
It is also £180k less expensive than the average property across the E14 district.
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Schools Nearby
- 200mCyril Jackson Primary School
- 500mMayflower Primary School
- 500mOur Lady and St Joseph Catholic Primary School
- 1.2kmLangdon Park Community School
- 1.3kmStepney All Saints Church of England Secondary School
- 1.4kmMulberry Stepney Green Mathematics and Computing College
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Public Transport Nearby
From 18, Rich Street, the nearest station is Westferry, 200 metres away.
- 200mWestferry
- 600mWest India Quay
- 700mPoplar
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.
