6, New Gun Wharf
6, New Gun Wharf
Description & Estimates
6, New Gun Wharf is described in the public record as a modern apartment with 1,517 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 6, New Gun Wharf is £1,018,910 and its rental estimate is £5,045 per month, given the available information and assuming reasonable condition.
New Gun Wharf, London, E3 falls within the E3 postal district, in the borough of Tower Hamlets.
Our Data Sources
6, New Gun Wharf has no records in the the Land Registry and a single entry in the EPC database dated November 2013.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 6, New Gun Wharf, we estimate a market value of £1,069,856 and a rental value of £5,298 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £947,587 and £4,692 per month respectively.
Recent Market Change
Over the last year, 6, New Gun Wharf has seen its estimated sale value fall by £19,584 (1.9%) and its estimated rental value move up by £270 per month (5.4%). This results in an estimated gross rental yield of 5.9%.
Energy Efficiency
6, New Gun Wharf has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Nov 2013.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 320 metres of 6, New Gun Wharf, per the Land Registry and our network of Estate Agents.
The latest, on the 5th October 2018, was Flat 1, Cyan Apartments 2, Gunmakers Lane, London, E3 5GU, a leasehold flat which sold for £207,000.
Read more about house prices in E3.
- Sold Oct 2018£207,000 | 2 Bed FlatCyan Apartments 2, Gunmakers LaneFlat 1, Cyan Apartments 2, Gunmakers Lane, London, E3 5GU
- Sold Apr 2014£340,400 | 2 Bed FlatCyan Apartments 2, Gunmakers LaneFlat 4, Cyan Apartments 2, Gunmakers Lane, London, E3 5GU
- Sold Apr 2014£368,000 | 3 Bed FlatCyan Apartments 2, Gunmakers LaneFlat 15, Cyan Apartments 2, Gunmakers Lane, London, E3 5GU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 56 addresses on New Gun Wharf, London, E3, 6, New Gun Wharf comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £574k more expensive than the average property across the E3 district.
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Schools Nearby
- 300mOld Ford Primary - A Paradigm Academy
- 400mChisenhale Primary School
- 500mOlga Primary School
- 500mMulberry UTC
- 700mMossbourne Victoria Park Academy
- 1.0kmCentral Foundation Girls' School
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Public Transport Nearby
From 6, New Gun Wharf, the nearest station is Hackney Wick, 1.1 kilometres away.
- 1.1kmHackney Wick
- 1.1kmMile End
- 1.1kmBow Road
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
