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In this area, apartments of this size normally have 1 bedroom with a balcony.
Apartment 601, Counter House 5 has an estimated sale value of £518,976 and an estimated rental value of £2,168 per month, assuming reasonable condition and based on the information available.
The apartment sits within Counter House, Gauging Square, London, E1.
Gauging Square, London, E1 lies in the borough of Tower Hamlets, within the E1 postal district.
Apartment 601, Counter House 5 has a single entry in the Land Registry from May 2017 and a single entry in the EPC database dated May 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.
In very good condition, we estimate Apartment 601, Counter House 5 would be worth £544,924, with a potential rental value of £2,276 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £482,647, with a rental value of £2,016 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Apartment 601, Counter House 5 has dropped by £16,092 (3.1%) over the last year. During the same period, its estimated monthly rental value has risen by £113 (5.2%). The property's estimated gross yield is currently 5.0%.
Apartment 601, Counter House 5 has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 May 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.
Apartment 601, Counter House 5 last changed hands on 11th May 2017, selling for £678,952. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 46.3% since May 2017.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 240 metres of Apartment 601, Counter House 5 across the last 2 years.
Most recently, Flat 54, 1, Emery Way, London, E1W 2AS, a leasehold flat, sold at £197,915 on the 19th July 2024.
Read more about house prices in E1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Agents in our network have reported 1 letting within 240 metres of Apartment 601, Counter House 5 across the last 2 years.
The newest of these is Flat 63, Harlequin Court 6, Thomas More Street, London, E1W 1AR, a leasehold flat let by Jorgensen Turner in June 2021.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Apartment 601, Counter House 5 as the 194th largest and the 194th most expensive of the 200 addresses on Gauging Square, London, E1.
Against the E1 postcode district average, it is £4k more expensive than the typical property.
Tower Gateway station is the nearest stop to Apartment 601, Counter House 5 at 600 metres away.
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Apartment 601, 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 601, 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 601, 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 601, 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.