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According to the public record, 67, Prospect Place is a modern leasehold house with 1,184 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 67, Prospect Place is £877,550 and the estimated rental value is £4,238 per month.
Prospect Place, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
67, Prospect Place has 21 entries in the Land Registry , most recently in October 2019 and a single entry in the EPC database dated July 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 67, Prospect Place is in very good condition we estimate a sale value of £921,428 and a rental value of £4,450 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £816,122 and a rental value of £3,942 per month.
Over the last 12 months the sale value of 67 Prospect Place has decreased by an estimated £60,282 (6.9%) and its rental value has increased by an estimated £100 per month (2.4%), giving an expected gross yield of 5.8%.
67, Prospect Place has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 Jul 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 67, Prospect Place was last sold on 18th October 2019 for £880,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since October 2019, the market for similar properties has dropped 11.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 67, Prospect Place within a radius of 310 metres over the last 2 years.
The most recent example is 1, Prospect Place, London, E1W 3TJ, a leasehold house which sold for £795,000 on the 15th June 2023.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prospect Place, London, E1 has a total of 69 addresses. According to our analysis of all the public data, 67, Prospect Place is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £365k more expensive than the average property in E1.
The nearest school is St Peter's London Docks CofE Primary School which is 155 metres away. The nearest train station is Wapping which is 300 metres away.
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