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Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment 508, Counter House 5 is £691,103 and the estimated rental value is £2,874 per month.
The apartment is within Counter House, Gauging Square, London, E1.
Gauging Square, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Apartment 508, Counter House 5 has a single entry in the Land Registry from May 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.
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 508, Counter House 5 is in very good condition we estimate a sale value of £725,658 and a rental value of £3,018 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £642,726 and a rental value of £2,673 per month.
Over the past 12 months, the estimated sale value of Apartment 508, Counter House 5 has decreased by £21,589 (3.1%), while its estimated rental value has grown by £145 per month (5.0%). Based on current estimates, the property offers a gross rental yield of 5.0%.
Apartment 508, 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.
According to HM Land Registry, Apartment 508, Counter House 5 was last sold on 11th May 2017 for £774,256 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2017, the market for similar properties has dropped by 55.9%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 508, Counter House 5 within a radius of 240 metres over the last 2 years.
The most recent example is Flat 111, 1, Merino Gardens, London, E1W 2DF, a leasehold flat which sold for £710,000 on the 21st March 2025.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our network of Estate Agents reports 1 let within 240 metres of Apartment 508, Counter House 5 over the last 2 years.
Most recently, Flat 63, Harlequin Court 6, Thomas More Street, London, E1W 1AR, a leasehold flat, was let by Jorgensen Turner in June 2021.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gauging Square, London, E1 has a total of 200 addresses. According to our analysis of all the public data, Apartment 508, Counter House 5 is the 163rd largest and the 167th most expensive property on the street.
When compared to the postcode district it is £176k more expensive than the average property in E1.
The closest station to Apartment 508, Counter House 5 is Tower Gateway station, which is 600 metres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 508, Counter House 5, % 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 508, Counter House 5, 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 508, Counter House 5, 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 508, Counter House 5, 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.