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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
According to the public record, Apartment 5103, 1, Park Drive is a modern leasehold apartment with 1,140 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Apartment 5103, 1, Park Drive is £1,293,611 and the estimated rental value is £5,016 per month.
The apartment is within 1, Park Drive, London, E14.
Park Drive, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Apartment 5103, 1, Park Drive has a single entry in the Land Registry from November 2022 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.
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 5103, 1, Park Drive is in very good condition we estimate a sale value of £1,358,291 and a rental value of £5,267 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £1,203,058 and a rental value of £4,665 per month.
Over the last 12 months the sale value of Apartment 5103 1 Park Drive has decreased by an estimated £52,884 (4.1%) and its rental value has increased by an estimated £261 per month (5.2%), giving an expected gross yield of 4.7%.
Apartment 5103, 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.
According to HM Land Registry, Apartment 5103, 1, Park Drive was last sold on 16th November 2022 for £1,630,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2022, the market for similar properties has dropped 55.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment 5103, 1, Park Drive within a radius of 200 metres over the last 2 years.
The most recent example is Apartment 4206, 1, Park Drive, London, E14 9BB, a leasehold flat which sold for £1,541,100 on the 6th March 2024.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Drive, London, E14 has a total of 833 addresses. According to our analysis of all the public data, Apartment 5103, 1, Park Drive is the 102nd largest and the 62nd most expensive property on the street.
When compared to the postcode district it is £819k more expensive than the average property in E14.
The nearest school is Mulberry Wood Wharf Primary School which is 400 metres away. The nearest train station is South Quay which is 300 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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