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According to the public record, 2, Bridewell Place is a modern leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Bridewell Place is £513,330 and the estimated rental value is £2,552 per month.
Bridewell Place, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
2, Bridewell Place has 21 entries in the Land Registry , most recently in July 2007 and a single entry in the EPC database dated March 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 2, Bridewell Place is in very good condition we estimate a sale value of £538,996 and a rental value of £2,680 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £477,397 and a rental value of £2,374 per month.
Over the last 12 months the sale value of 2 Bridewell Place has decreased by an estimated £11,140 (2.2%) and its rental value has increased by an estimated £179 per month (7.0%), giving an expected gross yield of 6%.
2, Bridewell Place has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Mar 2020.
The property is not connected to mains gas and has some secondary glazing. It is heated using Room heaters, electric.
According to HM Land Registry, 2, Bridewell Place was last sold on 3rd July 2007 for £355,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since July 2007, the market for similar properties has risen 27.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Bridewell Place within a radius of 330 metres over the last 2 years.
The most recent example is Flat 56, 86, Wapping Lane, London, E1W 2RX, a leasehold flat which sold for £260,000 on the 16th October 2024.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bridewell Place, London, E1 has a total of 51 addresses. According to our analysis of all the public data, 2, Bridewell Place is the 33rd largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £952 more expensive than the average property in E1.
The nearest school is St Peter's London Docks CofE Primary School which is 267 metres away. The nearest train station is Wapping which is 100 metres away.
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