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Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 42, Cumberland Mills Square is £535,820 and the estimated rental value is £3,092 per month.
Cumberland Mills Square, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
42, Cumberland Mills Square has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2018.
We combine this information with public data 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 42, Cumberland Mills Square is in very good condition we estimate a sale value of £562,611 and a rental value of £3,247 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £498,313 and a rental value of £2,876 per month.
Over the last 12 months the sale value of 42 Cumberland Mills Square has decreased by an estimated £22,500 (4.2%) and its rental value has increased by an estimated £145 per month (4.7%), giving an expected gross yield of 6.9%.
42, Cumberland Mills Square has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Sep 2018.
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, 42, Cumberland Mills Square was last sold on 31st May 2001 for £240,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 42, Cumberland Mills Square within a radius of 480 metres over the last 2 years.
The most recent example is 12, Cumberland Mills Square, London, E14 3BH, a leasehold flat which sold for £707,000 on the 24th May 2024.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cumberland Mills Square, London, E14 has a total of 87 addresses. According to our analysis of all the public data, 42, Cumberland Mills Square is the 27th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £61k more expensive than the average property in E14.
The nearest school is St Luke's Church of England Primary School which is 200 metres away. The nearest train station is Island Gardens which is 400 metres away.
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