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By comparing it to neighbours, we estimate that it is a modern apartment with 877 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 87, Meridian Place is £518,536 and the estimated rental value is £2,854 per month.
Meridian Place, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
87, Meridian Place has 31 entries in the Land Registry , most recently in July 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 87, Meridian Place is in very good condition we estimate a sale value of £544,463 and a rental value of £2,997 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £482,238 and a rental value of £2,654 per month.
Over the last 12 months the sale value of 87 Meridian Place has decreased by an estimated £14,169 (2.7%) and its rental value has increased by an estimated £158 per month (5.5%), giving an expected gross yield of 6.6%.
According to HM Land Registry, 87, Meridian Place was last sold on 17th July 2013 for £446,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since July 2013, the market for similar properties has dropped 24.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 87, 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, 87, Meridian Place is the 54th largest and the 31st most expensive property on the street.
When compared to the postcode district it is £46k 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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