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According to the public record, 70, Waterman Way is a modern leasehold apartment with 301 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 70, Waterman Way is £313,508 and the estimated rental value is £1,581 per month.
Waterman Way, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
70, Waterman Way has 3 entries in the Land Registry , most recently in July 2024 and a single entry in the EPC database dated January 2024.
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 70, Waterman Way is in very good condition we estimate a sale value of £329,184 and a rental value of £1,660 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £291,563 and a rental value of £1,470 per month.
Over the last 12 months the sale value of 70 Waterman Way has decreased by an estimated £8,816 (2.8%) and its rental value has increased by an estimated £85 per month (5.4%), giving an expected gross yield of 6.1%.
70, Waterman Way has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Jan 2024.
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, 70, Waterman Way was last sold on 11th July 2024 for £345,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since July 2024, the market for similar properties has dropped 13.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 70, Waterman Way within a radius of 280 metres over the last 2 years.
The most recent example is 61, Waterman Way, London, E1W 2QW, a leasehold flat which sold for £315,000 on the 15th September 2023.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Waterman Way, London, E1 has a total of 88 addresses. According to our analysis of all the public data, 70, Waterman Way is the 83rd largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £202k less expensive than the average property in E1.
The nearest school is Hermitage Primary School which is 300 metres away. The nearest train station is Wapping which is 500 metres away.
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