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According to the public record, 41, Lancaster Drive is a modern leasehold apartment with 1,184 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 41, Lancaster Drive is £570,040 and the estimated rental value is £3,227 per month.
Lancaster Drive, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
41, Lancaster Drive has 31 entries in the Land Registry , most recently in August 2010 and a single entry in the EPC database dated April 2021.
We combine this information with that of neighbouring properties to estimate the property 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 41, Lancaster Drive is in very good condition we estimate a sale value of £598,542 and a rental value of £3,388 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £530,137 and a rental value of £3,001 per month.
Over the last 12 months the sale value of 41 Lancaster Drive has decreased by an estimated £17,554 (3.1%) and its rental value has increased by an estimated £192 per month (6.0%), giving an expected gross yield of 6.8%.
41, Lancaster Drive has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Apr 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 41, Lancaster Drive was last sold on 24th August 2010 for £392,500 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since August 2010, the market for similar properties has dropped 14.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, 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, 41, Lancaster Drive is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £98k 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.
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