Apartment 1502, 10
Apartment 1502, 10
Description & Estimates
According to the public record, Apartment 1502, 10, Park Drive is a modern leasehold apartment with 990 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment 1502, 10, Park Drive is £973,911 and the estimated rental value is £3,835 per month.
The apartment is within 10, Park Drive, London, E14.
Park Drive, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Our Data Sources
Apartment 1502, 10, Park Drive has a single entry in the Land Registry from November 2020 and a single entry in the EPC database dated August 2020.
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.
Price Range & Condition
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 Apartment 1502, 10, Park Drive is in very good condition we estimate a sale value of £1,022,606 and a rental value of £4,027 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £905,737 and a rental value of £3,566 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Apartment 1502, 10, Park Drive has dropped by £39,815 (4.1%), while its estimated rental value has risen by £199 per month (5.2%). Based on current estimates, the property offers a gross rental yield of 4.7%.
Energy Efficiency
Apartment 1502, 10, Park Drive has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Aug 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
According to HM Land Registry, Apartment 1502, 10, Park Drive was last sold on 6th November 2020 for £1,120,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2020, the market for similar properties has dropped by 56.4%.
- Sold Nov 2020£1,120,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 1502, 10, Park Drive within a radius of 270 metres over the last 2 years.
The most recent example is Apartment 3303, 10, Park Drive, London, E14 9QY, a leasehold flat which sold for £1,130,000 on the 19th November 2024.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Park Drive, London, E14 has a total of 833 addresses. According to our analysis of all the public data, Apartment 1502, 10, Park Drive is the 212th largest and the 284th most expensive property on the street.
When compared to the postcode district it is £499k more expensive than the average property in E14.
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Schools Nearby
- 300mMulberry Wood Wharf Primary School
- 800mSeven Mills Primary School
- 900mCubitt Town Primary School
- 900mCanary Wharf College Crossharbour
- 1.4kmLangdon Park Community School
- 1.7kmGeorge Green's School
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Public Transport Nearby
The closest station to Apartment 1502, 10, Park Drive is South Quay station, which is 300 metres away.
- 300mSouth Quay
- 300mCanary Wharf
- 500mHeron Quays
Available Internet Speeds
According to recent data from Ofcom, standard broadband is available in this area.
According to recent data from Ofcom, Standard broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
