Apartment 4006, 1
Apartment 4006, 1
Description & Estimates
The public record describes Apartment 4006, 1, Park Drive as a modern apartment with 1,001 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a balcony.
Apartment 4006, 1, Park Drive has an estimated sale value of £1,159,737 and an estimated rental value of £4,559 per month, assuming reasonable condition and based on the information available.
The apartment sits within 1, Park Drive, London, E14.
Park Drive, London, E14 lies in the borough of Tower Hamlets, within the E14 postal district.
Our Data Sources
Apartment 4006, 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
In very good condition, we estimate Apartment 4006, 1, Park Drive would be worth £1,217,724, with a potential rental value of £4,787 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £1,078,555, with a rental value of £4,240 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Apartment 4006, 1, Park Drive has declined by £47,411 (4.1%) over the last year. During the same period, its estimated monthly rental value has climbed by £237 (5.2%). The property's estimated gross yield is currently 4.7%.
Energy Efficiency
Apartment 4006, 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
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 200 metres of Apartment 4006, 1, Park Drive across the last 2 years.
Most recently, Apartment 5001, 1, Park Drive, London, E14 9BB, a leasehold flat, sold at £1,425,000 on the 28th June 2024.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Apartment 4006, 1, Park Drive as the 177th largest and the 144th most expensive of the 833 addresses on Park Drive, London, E14.
Against the E14 postcode district average, it is £685k more expensive than the typical property.
More reading links
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
South Quay station is the nearest stop to Apartment 4006, 1, Park Drive at 300 metres away.
- 300mSouth Quay
- 300mCanary Wharf
- 400mHeron Quays
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
