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By comparing it to neighbours, we estimate that it is a modern apartment with 1,173 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 39, Lancaster Drive is £566,921 and the estimated rental value is £3,209 per month.
Lancaster Drive, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
39, Lancaster Drive has 21 entries in the Land Registry , most recently in July 2008 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 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 39, Lancaster Drive is in very good condition we estimate a sale value of £595,267 and a rental value of £3,370 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £527,236 and a rental value of £2,985 per month.
Over the last 12 months the sale value of 39 Lancaster Drive has decreased by an estimated £17,458 (3.1%) and its rental value has increased by an estimated £191 per month (6.0%), giving an expected gross yield of 6.8%.
According to HM Land Registry, 39, Lancaster Drive was last sold on 30th July 2008 for £645,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since July 2008, the market for similar properties has dropped 18.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 39, Lancaster Drive within a radius of 370 metres over the last 2 years.
The most recent example is 12, Landons Close, London, E14 9QQ, a leasehold flat which sold for £700,000 on the 3rd November 2023.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancaster Drive, London, E14 has a total of 43 addresses. According to our analysis of all the public data, 39, Lancaster Drive is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £94k more expensive than the average property in E14.
The nearest school is Mulberry Wood Wharf Primary School which is 73 metres away. The nearest train station is Blackwall which is 600 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.
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