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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 4502, 1, Park Drive is £1,221,875 and the estimated rental value is £4,757 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.
Apartment 4502, 1, Park Drive has a single entry in the Land Registry from January 2025 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.
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 4502, 1, Park Drive is in very good condition we estimate a sale value of £1,282,969 and a rental value of £4,995 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,136,344 and a rental value of £4,424 per month.
Over the last 12 months the sale value of Apartment 4502 1 Park Drive has decreased by an estimated £49,952 (4.1%) and its rental value has increased by an estimated £247 per month (5.2%), giving an expected gross yield of 4.7%.
Apartment 4502, 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.
According to HM Land Registry, Apartment 4502, 1, Park Drive was last sold on 13th January 2025 for £1,437,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since January 2025, the market for similar properties has dropped 53.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 4502, 1, Park Drive within a radius of 200 metres over the last 2 years.
The most recent example is Apartment 4202, 1, Park Drive, London, E14 9BB, a leasehold flat which sold for £1,410,000 on the 27th February 2025.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Drive, London, E14 has a total of 833 addresses. According to our analysis of all the public data, Apartment 4502, 1, Park Drive is the 138th largest and the 98th most expensive property on the street.
When compared to the postcode district it is £747k more expensive than the average property in E14.
The nearest school is Mulberry Wood Wharf Primary School which is 400 metres away. The nearest train station is South Quay which is 300 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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