Apartment 3403, 1
Apartment 3403, 1
Description & Estimates
According to the public record, Apartment 3403, 1, Park Drive is a modern apartment with 1,001 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 3403, 1, Park Drive is £1,159,737 and the estimated rental value is £4,559 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 3403, 1, Park Drive has no records in the the Land Registry and a single entry in the EPC database dated May 2021.
We combine this information with public data 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 3403, 1, Park Drive is in very good condition we estimate a sale value of £1,217,724 and a rental value of £4,787 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,078,555 and a rental value of £4,240 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Apartment 3403, 1, Park Drive has moved down by £47,411 (4.1%), while its estimated rental value has increased by £237 per month (5.2%). Based on current estimates, the property offers a gross rental yield of 4.7%.
Energy Efficiency
Apartment 3403, 1, Park Drive has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 May 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
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 3403, 1, Park Drive within a radius of 200 metres over the last 2 years.
The most recent example is Apartment 5001, 1, Park Drive, London, E14 9BB, a leasehold flat which sold for £1,425,000 on the 28th June 2024.
Read more about house prices in E14.
- Sold Jun 2024£1,425,000 | 3 Bed FlatApartment 5001, 1, Park Drive, London, E14 9BBApartment 5001, 1, Park Drive, London, E14 9BB
- Sold Apr 2024£1,455,000 | 3 Bed FlatApartment 4401, 1, Park Drive, London, E14 9BBApartment 4401, 1, Park Drive, London, E14 9BB
- Sold Mar 2024£1,485,000 | 3 Bed FlatApartment 4606, 1, Park Drive, London, E14 9BBApartment 4606, 1, Park Drive, London, E14 9BB
•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 3403, 1, Park Drive is the 186th largest and the 153rd most expensive property on the street.
When compared to the postcode district it is £685k 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
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Public Transport Nearby
The closest station to Apartment 3403, 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.
