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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
Apartment 5006, 1, Park Drive is recorded publicly as a modern leasehold apartment across 731 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Apartment 5006, 1, Park Drive is £881,779 and its rental estimate is £3,493 per month, given the available information and assuming reasonable condition.
1, Park Drive is a residential building on Park Drive, London, E14 and falls within the E14 postal district and the London Borough of Tower Hamlets.
Apartment 5006, 1, Park Drive has a single entry in the Land Registry from December 2021 and a single entry in the EPC database dated September 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Apartment 5006, 1, Park Drive, we estimate a market value of £925,868 and a rental value of £3,668 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £820,055 and £3,248 per month respectively.
Over the last year, Apartment 5006, 1, Park Drive has seen its estimated sale value decline by £35,354 (4.0%) and its estimated rental value climb by £155 per month (4.4%). This results in an estimated gross rental yield of 4.8%.
Apartment 5006, 1, Park Drive has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 02 Sep 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
The most recent sale of Apartment 5006, 1, Park Drive completed on 21st December 2021 at £1,032,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 44.8% over the period since December 2021.
Over the past 2 years 3 properties similar to Apartment 5006, 1, Park Drive have sold within a radius of 200 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th June 2025, was Apartment 1110, 1, Park Drive, London, E14 9GG, a leasehold flat which sold for £760,000.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 833 addresses on Park Drive, London, E14, Apartment 5006, 1, Park Drive comes out as the 418th largest and the 385th most expensive in our analysis of the public data.
It is also £407k more expensive than the average property across the E14 district.
From Apartment 5006, 1, Park Drive, the nearest station is South Quay, 300 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 5006, 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 5006, 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 5006, 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 5006, 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.
