Apartment 801, Binnacle House 10
Apartment 801, Binnacle House 10
Description & Estimates
Apartment 801, Binnacle House 10 is recorded publicly as a modern leasehold apartment across 1,711 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms with a balcony.
Our estimate of the sale value of Apartment 801, Binnacle House 10 is £894,745 and its rental estimate is £4,664 per month, given the available information and assuming reasonable condition.
Binnacle House, Cobblestone Square is a residential building on Cobblestone Square, London, E1 and falls within the E1 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Apartment 801, Binnacle House 10 has 2 entries in the Land Registry , most recently in November 2015 and a single entry in the EPC database dated August 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 801, Binnacle House 10, we estimate a market value of £939,483 and a rental value of £4,897 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £832,113 and £4,337 per month respectively.
Recent Market Change
Over the last year, Apartment 801, Binnacle House 10 has seen its estimated sale value decrease by £29,621 (3.3%) and its estimated rental value grow by £237 per month (5.1%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
Apartment 801, Binnacle House 10 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Aug 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Sold Prices
The most recent sale of Apartment 801, Binnacle House 10 completed on 12th November 2015 at £1,450,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 24.2% over the period since November 2015.
- Sold Nov 2015£1,450,000
- Sold Nov 2012£999,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Apartment 801, Binnacle House 10 have sold within a radius of 270 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th November 2023, was Apartment 1601, Park Vista Tower 5, Cobblestone Square, London, E1W 3BA, a leasehold flat which sold for £1,500,000.
Read more about house prices in E1.
- Sold Nov 2023£1,500,000 | 3 Bed FlatPark Vista Tower 5, Cobblestone SquareApartment 1601, Park Vista Tower 5, Cobblestone Square, London, E1W 3BA
- Sold May 2015£3,600,000 | 3 Bed FlatPark Vista Tower 5, Cobblestone SquareApartment 1801, Park Vista Tower 5, Cobblestone Square, London, E1W 3BA
- Sold Oct 2012£1,100,000 | 3 Bed FlatBinnacle House 10, Cobblestone SquareApartment 901, Binnacle House 10, Cobblestone Square, London, E1W 3AR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 285 addresses on Cobblestone Square, London, E1, Apartment 801, Binnacle House 10 comes out as the 2nd largest and the 4th most expensive in our analysis of the public data.
It is also £379k more expensive than the average property across the E1 district.
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Schools Nearby
- 200mSt Peter's London Docks CofE Primary School
- 400mBlue Gate Fields Junior School
- 400mBlue Gate Fields Infants' School
- 600mMulberry Academy London Dock
- 800mMulberry School for Girls
- 800mBishop Challoner Catholic School
More reading links
Public Transport Nearby
From Apartment 801, Binnacle House 10, the nearest station is Wapping, 300 metres away.
- 300mWapping
- 400mShadwell
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
