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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
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Apartment 505, Binnacle House 10 is recorded publicly as a modern leasehold apartment across 635 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Apartment 505, Binnacle House 10 is £459,187 and its rental estimate is £2,592 per month, given the available information and assuming reasonable condition.
Binnacle House, Cobblestone Square is a residential building on Cobblestone Square, London, E1 and falls within the E1 postal district and the London Borough of Tower Hamlets.
Apartment 505, Binnacle House 10 has 3 entries in the Land Registry , most recently in March 2025 and a single entry in the EPC database dated June 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 505, Binnacle House 10, we estimate a market value of £482,146 and a rental value of £2,722 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £427,044 and £2,411 per month respectively.
Over the last year, Apartment 505, Binnacle House 10 has seen its estimated sale value fall by £14,344 (3.1%) and its estimated rental value move up by £131 per month (5.0%). This results in an estimated gross rental yield of 6.8%.
Apartment 505, Binnacle House 10 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Jun 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
The most recent sale of Apartment 505, Binnacle House 10 completed on 31st March 2025 at £520,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 5.3% over the period since March 2025.
Over the past 2 years 3 properties similar to Apartment 505, Binnacle House 10 have sold within a radius of 270 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st March 2025, was Apartment G08, Cordage House 15, Cobblestone Square, London, E1W 3AS, a leasehold flat which sold for £470,000.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 285 addresses on Cobblestone Square, London, E1, Apartment 505, Binnacle House 10 comes out as the 119th largest and the 128th most expensive in our analysis of the public data.
It is also £56k less expensive than the average property across the E1 district.
From Apartment 505, Binnacle House 10, the nearest station is Wapping, 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 505, Binnacle House 10, % 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 505, Binnacle House 10, 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 505, Binnacle House 10, 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 505, Binnacle House 10, 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.
