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According to the public record, 29, Newlands Quay is a modern leasehold apartment with 1,022 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 29, Newlands Quay is £634,438 and the estimated rental value is £3,384 per month.
Newlands Quay, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
29, Newlands Quay has 41 entries in the Land Registry , most recently in September 2023 and a single entry in the EPC database dated December 2017.
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.
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 29, Newlands Quay is in very good condition we estimate a sale value of £666,160 and a rental value of £3,553 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £590,027 and a rental value of £3,147 per month.
Over the last 12 months the sale value of 29 Newlands Quay has decreased by an estimated £20,478 (3.2%) and its rental value has increased by an estimated £168 per month (5.0%), giving an expected gross yield of 6.4%.
29, Newlands Quay has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Dec 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters, Room heaters, electric.
According to HM Land Registry, 29, Newlands Quay was last sold on 22nd September 2023 for £730,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since September 2023, the market for similar properties has risen 20.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 29, Newlands Quay within a radius of 300 metres over the last 2 years.
The most recent example is 32, Maynards Quay, London, E1W 3RY, a leasehold flat which sold for £715,000 on the 13th October 2023.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Newlands Quay, London, E1 has a total of 62 addresses. According to our analysis of all the public data, 29, Newlands Quay is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £119k more expensive than the average property in E1.
The nearest school is Blue Gate Fields Junior School which is 200 metres away. The nearest train station is Shadwell which is 300 metres away.
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