Apartment 2008, 1
Apartment 2008, 1
Description & Estimates
According to the public record, Apartment 2008, 1, Park Drive is a modern leasehold apartment with 947 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 2008, 1, Park Drive is £1,107,462 and the estimated rental value is £4,389 per month.
The apartment is within 1, 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 2008, 1, Park Drive has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated March 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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 2008, 1, Park Drive is in very good condition we estimate a sale value of £1,162,835 and a rental value of £4,608 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,029,939 and a rental value of £4,082 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Apartment 2008, 1, Park Drive has decreased by £45,274 (4.1%), while its estimated rental value has grown by £228 per month (5.2%). Based on current estimates, the property offers a gross rental yield of 4.8%.
Energy Efficiency
Apartment 2008, 1, Park Drive has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Mar 2021.
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 2008, 1, Park Drive was last sold on 15th June 2021 for £1,395,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2021, the market for similar properties has dropped by 56.1%.
- Sold Jun 2021£1,395,000
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 2008, 1, Park Drive within a radius of 200 metres over the last 2 years.
The most recent example is Apartment 501, 1, Park Drive, London, E14 9GG, a leasehold flat which sold for £1,214,000 on the 13th June 2025.
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 2008, 1, Park Drive is the 283rd largest and the 213th most expensive property on the street.
When compared to the postcode district it is £632k more expensive than the average property in E14.
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Schools Nearby
- 400mMulberry Wood Wharf Primary School
- 800mSeven Mills Primary School
- 900mCubitt Town Primary School
- 800mCanary Wharf College Crossharbour
- 1.5kmLangdon Park Community School
- 1.6kmGeorge Green's School
More reading links
Public Transport Nearby
The closest station to Apartment 2008, 1, Park Drive is South Quay station, which is 300 metres away.
- 300mSouth Quay
- 300mCanary Wharf
- 400mHeron Quays
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
