601, Guinea Point 56
601, Guinea Point 56
Description & Estimates
601, Guinea Point 56 is recorded publicly as a modern leasehold apartment across 722 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 601, Guinea Point 56 is £152,779 and its rental estimate is £898 per month, given the available information and assuming reasonable condition.
Guinea Point, Repton Street is a residential building on Repton Street, London, E14 and falls within the E14 postal district and the London Borough of Tower Hamlets.
Our Data Sources
601, Guinea Point 56 has 2 entries in the Land Registry , most recently in March 2017 and a single entry in the EPC database dated July 2009.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 601, Guinea Point 56, we estimate a market value of £160,418 and a rental value of £943 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £142,085 and £835 per month respectively.
Recent Market Change
Over the last year, 601, Guinea Point 56 has seen its estimated sale value decline by £5,669 (3.7%) and its estimated rental value climb by £38 per month (4.3%). This results in an estimated gross rental yield of 7.1%.
Energy Efficiency
601, Guinea Point 56 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Jul 2009.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, radiators, electric.
Sold Prices
The most recent sale of 601, Guinea Point 56 completed on 8th March 2017 at £138,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 41.1% over the period since March 2017.
- Sold Mar 2017£138,000
- Sold May 2010£70,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 601, Guinea Point 56 have sold within a radius of 290 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th August 2015, was 501, Guinea Point 56, Repton Street, London, E14 7FR, a leasehold flat which sold for £425,000.
Read more about house prices in E14.
- Sold Aug 2015£425,000 | 2 Bed FlatGuinea Point 56, Repton Street501, Guinea Point 56, Repton Street, London, E14 7FR
- Sold Jun 2010£79,500 | 2 Bed FlatGuinea Point 56, Repton Street602, Guinea Point 56, Repton Street, London, E14 7FR
- Sold May 2010£73,500 | 2 Bed FlatGuinea Point 56, Repton Street503, Guinea Point 56, Repton Street, London, E14 7FR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 117 addresses on Repton Street, London, E14, 601, Guinea Point 56 comes out as the 85th largest and the 101st most expensive in our analysis of the public data.
It is also £322k less expensive than the average property across the E14 district.
More reading links
Schools Nearby
- 200mSir William Burrough Primary School
- 200mStepney Greencoat Church of England Primary School
- 300mCayley Primary School
- 600mStepney All Saints Church of England Secondary School
- 600mMulberry Stepney Green Mathematics and Computing College
- 1.1kmBishop Challoner Catholic School
More reading links
Public Transport Nearby
From 601, Guinea Point 56, the nearest station is Limehouse, 400 metres away.
- 400mLimehouse
- 900mWestferry
- 1.1kmStepney Green
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
