38, Newlands Quay
38, Newlands Quay
Description & Estimates
According to the public record, 38, Newlands Quay is a modern leasehold apartment with 1,133 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 38, Newlands Quay is £679,537 and the estimated rental value is £3,553 per month.
Newlands Quay, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Our Data Sources
38, Newlands Quay has a single entry in the Land Registry from October 2015 and a single entry in the EPC database dated October 2011.
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
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 38, Newlands Quay is in very good condition we estimate a sale value of £713,514 and a rental value of £3,731 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £631,970 and a rental value of £3,304 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 38, Newlands Quay has fallen by £21,934 (3.2%), while its estimated rental value has moved up by £176 per month (5.0%). Based on current estimates, the property offers a gross rental yield of 6.3%.
Energy Efficiency
38, Newlands Quay has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Oct 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, 38, Newlands Quay was last sold on 2nd October 2015 for £740,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since October 2015, the market for similar properties has risen by 13.0%.
- Sold Oct 2015£740,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, 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.
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Location Comparison
Newlands Quay, London, E1 has a total of 62 addresses. According to our analysis of all the public data, 38, Newlands Quay is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £164k more expensive than the average property in E1.
More reading links
Schools Nearby
- 200mBlue Gate Fields Junior School
- 200mBlue Gate Fields Infants' School
- 300mSt Peter's London Docks CofE Primary School
- 500mBishop Challoner Catholic School
- 700mMulberry School for Girls
- 800mWapping High School
More reading links
Public Transport Nearby
The closest station to 38, Newlands Quay is Shadwell station, which is 300 metres away.
- 300mShadwell
- 600mWapping
Available Internet Speeds
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
