Apartment 509, Counter House 5
Apartment 509, Counter House 5
Description & Estimates
According to the public record, Apartment 509, Counter House 5 is a modern leasehold apartment with 527 ft2 of internal area.
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 509, Counter House 5 is £626,535 and the estimated rental value is £2,644 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.
Our Data Sources
Apartment 509, Counter House 5 has a single entry in the Land Registry from February 2018 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
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 509, Counter House 5 is in very good condition we estimate a sale value of £657,862 and a rental value of £2,776 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £582,678 and a rental value of £2,459 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Apartment 509, Counter House 5 has declined by £19,572 (3.1%), while its estimated rental value has climbed by £133 per month (5.0%). Based on current estimates, the property offers a gross rental yield of 5.1%.
Energy Efficiency
Apartment 509, 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
According to HM Land Registry, Apartment 509, Counter House 5 was last sold on 5th February 2018 for £735,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since February 2018, the market for similar properties has dropped by 54.7%.
- Sold Feb 2018£735,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 509, Counter House 5 within a radius of 240 metres over the last 2 years.
The most recent example is Apartment 304, 2, Merino Gardens, London, E1W 2DR, a leasehold flat which sold for £687,240 on the 21st January 2025.
Read more about house prices in E1.
- Sold Jan 2025£687,240 | 1 Bed Flat2, Merino GardensApartment 304, 2, Merino Gardens, London, E1W 2DR
- Sold Nov 2024£726,750 | 1 Bed Flat2, Merino GardensApartment Lg04, 2, Merino Gardens, London, E1W 2DR
- Sold Nov 2024£710,000 | 1 Bed Flat2, Merino GardensApartment 204, 2, Merino Gardens, London, E1W 2DR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Properties Let Nearby
Our network of Estate Agents reports 1 let within 240 metres of Apartment 509, 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.
Location Comparison
Gauging Square, London, E1 has a total of 200 addresses. According to our analysis of all the public data, Apartment 509, Counter House 5 is the 180th largest and the 179th most expensive property on the street.
When compared to the postcode district it is £111k more expensive than the average property in E1.
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
The closest station to Apartment 509, Counter House 5 is Tower Gateway station, which is 600 metres away.
- 600mTower Gateway
- 700mShadwell
- 800mTower Hill
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
