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Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 23, Welland Mews is £428,786 and its rental estimate is £2,456 per month, given the available information and assuming reasonable condition.
Welland Mews, London, E1 falls within the E1 postal district, in the borough of Tower Hamlets.
23, Welland Mews has 51 entries in the Land Registry , most recently in August 2017 and a single entry in the EPC database dated May 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 23, Welland Mews, we estimate a market value of £450,225 and a rental value of £2,579 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £398,771 and £2,284 per month respectively.
Over the last year, 23, Welland Mews has seen its estimated sale value decline by £11,958 (2.8%) and its estimated rental value climb by £133 per month (5.4%). This results in an estimated gross rental yield of 6.9%.
23, Welland Mews has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 May 2024.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
The most recent sale of 23, Welland Mews completed on 30th August 2017 at £475,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 5 times.
Values of comparable properties have dropped by 33.5% over the period since August 2017.
Over the past 2 years 3 properties similar to 23, Welland Mews have sold within a radius of 270 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th February 2026, was Flat 35, Tradewinds Court, Asher Way, London, E1W 2JB, a leasehold flat which sold for £434,000.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 32 addresses on Welland Mews, London, E1, 23, Welland Mews comes out as the 29th largest and the 29th most expensive in our analysis of the public data.
It is also £87k less expensive than the average property across the E1 district.
From 23, Welland Mews, the nearest station is Wapping, 600 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 23, Welland Mews, 37.9% of property is privately rented and 32.3% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 23, Welland Mews, 22.6% of residents are recorded as possessing school level qualifications and 60.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 23, Welland Mews, the average age was 32.5 and the most common age was 27.
The graph below shows how this compares to Greater London and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 23, Welland Mews, 1.3% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 23, Welland Mews, there are an average of 0.6 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.