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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 3, Prospect Place is a leasehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,078 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 3, Prospect Place is £818,317 and the estimated rental value is £3,908 per month.
Prospect Place, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
3, Prospect Place has 21 entries in the Land Registry , most recently in August 2012 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 3, Prospect Place is in very good condition we estimate a sale value of £859,232 and a rental value of £4,103 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £761,034 and a rental value of £3,634 per month.
Over the last 12 months the sale value of 3 Prospect Place has decreased by an estimated £52,574 (6.4%) and its rental value has increased by an estimated £104 per month (2.7%), giving an expected gross yield of 5.7%.
According to HM Land Registry, 3, Prospect Place was last sold on 10th August 2012 for £525,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since August 2012, the market for similar properties has risen 69.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 3, Prospect Place within a radius of 320 metres over the last 2 years.
The most recent example is 1, Prospect Place, London, E1W 3TJ, a leasehold house which sold for £795,000 on the 15th June 2023.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prospect Place, London, E1 has a total of 69 addresses. According to our analysis of all the public data, 3, Prospect Place is the 5th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £306k more expensive than the average property in E1.
The nearest school is St Peter's London Docks CofE Primary School which is 155 metres away. The nearest train station is Wapping which is 300 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
