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According to the public record, 48, Midship Point is a mid-century leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 48, Midship Point is £270,713 and the estimated rental value is £1,565 per month.
Midship Point, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
48, Midship Point has 2 entries in the Land Registry , most recently in July 2017 and a single entry in the EPC database dated July 2022.
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 48, Midship Point is in very good condition we estimate a sale value of £284,248 and a rental value of £1,643 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £251,763 and a rental value of £1,455 per month.
Over the last 12 months the sale value of 48 Midship Point has decreased by an estimated £7,397 (2.7%) and its rental value has increased by an estimated £87 per month (5.5%), giving an expected gross yield of 6.9%.
48, Midship Point has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 18 Jul 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, 48, Midship Point was last sold on 10th July 2017 for £320,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since July 2017, the market for similar properties has risen 14.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Midship Point within a radius of 240 metres over the last 2 years.
The most recent example is Flat 56, Bowsprit Point 167, Westferry Road, London, E14 8NU, a leasehold flat which sold for £350,000 on the 2nd October 2024.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Midship Point, London, E14 has a total of 82 addresses. According to our analysis of all the public data, 48, Midship Point is the 53rd largest and the 24th most expensive property on the street.
When compared to the postcode district it is £202k less expensive than the average property in E14.
The nearest school is Seven Mills Primary School which is 71 metres away. The nearest train station is Heron Quays which is 600 metres away.
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