Apartment 506, Counter House 5
Apartment 506, Counter House 5
Description & Estimates
Apartment 506, Counter House 5 is recorded publicly as a modern leasehold apartment across 839 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a balcony.
Our estimate of the sale value of Apartment 506, Counter House 5 is £935,700 and its rental estimate is £3,676 per month, given the available information and assuming reasonable condition.
Counter House, Gauging Square is a residential building on Gauging Square, London, E1 and falls within the E1 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Apartment 506, Counter House 5 has a single entry in the Land Registry from April 2017 and a single entry in the EPC database dated March 2017.
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.
Price Range & Condition
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 506, Counter House 5, we estimate a market value of £982,485 and a rental value of £3,860 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £870,201 and £3,419 per month respectively.
Recent Market Change
Over the last year, Apartment 506, Counter House 5 has seen its estimated sale value decrease by £29,229 (3.1%) and its estimated rental value grow by £185 per month (5.0%). This results in an estimated gross rental yield of 4.7%.
Energy Efficiency
Apartment 506, Counter House 5 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Mar 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme, Air source heat pump, underfloor, electric.
Sold Prices
The most recent sale of Apartment 506, Counter House 5 completed on 28th April 2017 at £1,160,000 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 56.0% over the period since April 2017.
- Sold Apr 2017£1,160,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Apartment 506, Counter House 5 have sold within a radius of 240 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th January 2026, was Apartment 604, Counter House 5, Gauging Square, London, E1W 2AE, a leasehold flat which sold for £1,000,000.
Read more about house prices in E1.
- Sold Jan 2026£1,000,000 | 3 Bed FlatCounter House 5, Gauging SquareApartment 604, Counter House 5, Gauging Square, London, E1W 2AE
- Sold Aug 2024£1,070,000 | 3 Bed FlatCounter House 5, Gauging SquareApartment 607, Counter House 5, Gauging Square, London, E1W 2AE
- Sold Sep 2022£1,250,000 | 2 Bed FlatCounter House 5, Gauging SquareApartment 606, Counter House 5, Gauging Square, London, E1W 2AE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Properties Let Nearby
Over the past 2 years our Estate Agent network has recorded 1 let within 240 metres of Apartment 506, Counter House 5.
The latest, in June 2021, was Flat 63, Harlequin Court 6, Thomas More Street, London, E1W 1AR, a leasehold flat let by Jorgensen Turner.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Location Comparison
Of the 200 addresses on Gauging Square, London, E1, Apartment 506, Counter House 5 comes out as the 111th largest and the 115th most expensive in our analysis of the public data.
It is also £420k more expensive than the average property across the E1 district.
More reading links
Schools Nearby
- 200mSt Paul's Whitechapel Church of England Primary School
- 400mHermitage Primary School
- 600mHarry Gosling Primary School
- 100mMulberry Academy London Dock
- 700mLondon Enterprise Academy
- 800mMulberry School for Girls
More reading links
Public Transport Nearby
From Apartment 506, Counter House 5, the nearest station is Tower Gateway, 600 metres away.
- 600mTower Gateway
- 700mShadwell
- 800mTower Hill
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
