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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 6, New Crane Place is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 867 ft2 of internal area and a garden.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 6, New Crane Place is £549,964 and the estimated rental value is £3,054 per month.
New Crane Place, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
6, New Crane Place has 2 entries in the Land Registry , most recently in November 2011 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 6, New Crane Place is in very good condition we estimate a sale value of £577,462 and a rental value of £3,207 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £511,466 and a rental value of £2,840 per month.
Over the last 12 months the sale value of 6 New Crane Place has decreased by an estimated £15,682 (2.9%) and its rental value has increased by an estimated £196 per month (6.4%), giving an expected gross yield of 6.7%.
According to HM Land Registry, 6, New Crane Place was last sold on 18th November 2011 for £442,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since November 2011, the market for similar properties has dropped 25.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, New Crane Place within a radius of 320 metres over the last 2 years.
The most recent example is Flat 23, 4, New Crane Place, London, E1W 3TS, a leasehold flat which sold for £595,000 on the 26th March 2024.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
New Crane Place, London, E1 has a total of 137 addresses. According to our analysis of all the public data, 6, New Crane Place is the 56th largest and the 64th most expensive property on the street.
When compared to the postcode district it is £38k more expensive than the average property in E1.
The nearest school is St Peter's London Docks CofE Primary School which is 110 metres away. The nearest train station is Wapping which is 200 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.
