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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Public records show Apartment 4405, 1, Park Drive to be a modern leasehold apartment with 1,001 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a balcony.
Apartment 4405, 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.
Apartment 4405, 1, Park Drive has a single entry in the Land Registry from December 2021 and a single entry in the EPC database dated July 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.
In very good condition, we estimate Apartment 4405, 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.
The estimated sale value of Apartment 4405, 1, Park Drive has moved down by £47,411 (4.1%) over the last year. During the same period, its estimated monthly rental value has increased by £237 (5.2%). The property's estimated gross yield is currently 4.7%.
Apartment 4405, 1, Park Drive has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Jul 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Apartment 4405, 1, Park Drive last changed hands on 8th December 2021, selling for £1,505,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 55.7% since December 2021.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 200 metres of Apartment 4405, 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.
Our analysis of the public data ranks Apartment 4405, 1, Park Drive as the 171st largest and the 138th 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.
South Quay station is the nearest stop to Apartment 4405, 1, Park Drive at 300 metres away.
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 4405, 1, Park Drive, % of property is and % is .
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Apartment 4405, 1, Park Drive, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Apartment 4405, 1, Park Drive, 0.0% of property was a second home.
Comparison figures for Greater London and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Apartment 4405, 1, Park Drive, there are an average of 0.0 cars per household.
See below for how this compares to Greater London and the rest of England & Wales.
