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According to the public record, 70, Meridian Place is a modern leasehold apartment with 828 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 70, Meridian Place is £500,968 and the estimated rental value is £2,776 per month.
Meridian Place, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
70, Meridian Place has 31 entries in the Land Registry , most recently in November 2022 and a single entry in the EPC database dated December 2021.
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 70, Meridian Place is in very good condition we estimate a sale value of £526,016 and a rental value of £2,914 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £465,900 and a rental value of £2,581 per month.
Over the last 12 months the sale value of 70 Meridian Place has decreased by an estimated £13,689 (2.7%) and its rental value has increased by an estimated £154 per month (5.5%), giving an expected gross yield of 6.6%.
70, Meridian Place has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Dec 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, 70, Meridian Place was last sold on 15th November 2022 for £510,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since November 2022, the market for similar properties has dropped 38.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 70, Meridian Place within a radius of 200 metres over the last 2 years.
The most recent example is 79, Meridian Place, London, E14 9FF, a leasehold flat which sold for £475,000 on the 15th August 2024.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Meridian Place, London, E14 has a total of 119 addresses. According to our analysis of all the public data, 70, Meridian Place is the 78th largest and the 52nd most expensive property on the street.
When compared to the postcode district it is £29k more expensive than the average property in E14.
The nearest school is Mulberry Wood Wharf Primary School which is 365 metres away. The nearest train station is South Quay which is 200 metres away.
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