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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 6, Rich Street is £292,095 and the estimated rental value is £1,758 per month.
Rich Street, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
6, Rich Street has 41 entries in the Land Registry , most recently in July 2022 and a single entry in the EPC database dated November 2021.
We combine this information with that 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.
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, Rich Street is in very good condition we estimate a sale value of £306,700 and a rental value of £1,846 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £271,648 and a rental value of £1,635 per month.
Over the last 12 months the sale value of 6 Rich Street has decreased by an estimated £10,838 (3.7%) and its rental value has increased by an estimated £75 per month (4.3%), giving an expected gross yield of 7.2%.
6, Rich Street has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Nov 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 6, Rich Street was last sold on 1st July 2022 for £327,500 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since July 2022, the market for similar properties has dropped 14.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Rich Street within a radius of 290 metres over the last 2 years.
The most recent example is 18, Rich Street, London, E14 8AL, a leasehold flat which sold for £311,000 on the 6th July 2023.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rich Street, London, E14 has a total of 34 addresses. According to our analysis of all the public data, 6, Rich Street is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £183k less expensive than the average property in E14.
The nearest school is Cyril Jackson Primary School which is 200 metres away. The nearest train station is Westferry 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.
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