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According to the public record, 58, Cumberland Mills Square is a modern leasehold apartment with 1,140 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 58, Cumberland Mills Square is £551,620 and the estimated rental value is £3,123 per month.
Cumberland Mills Square, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
58, Cumberland Mills Square has 21 entries in the Land Registry , most recently in August 2014 and a single entry in the EPC database dated August 2012.
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 58, Cumberland Mills Square is in very good condition we estimate a sale value of £579,201 and a rental value of £3,279 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £513,007 and a rental value of £2,904 per month.
Over the last 12 months the sale value of 58 Cumberland Mills Square has decreased by an estimated £16,987 (3.1%) and its rental value has increased by an estimated £186 per month (6.0%), giving an expected gross yield of 6.8%.
58, Cumberland Mills Square has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Aug 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 58, Cumberland Mills Square was last sold on 6th August 2014 for £625,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since August 2014, the market for similar properties has dropped 20.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 58, 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, 58, Cumberland Mills Square is the 19th largest and the 26th most expensive property on the street.
When compared to the postcode district it is £79k more expensive than the average property in E14.
The nearest school is George Green's School which is 159 metres away. The nearest train station is Island Gardens which is 400 metres away.
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