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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, Flat 1, 8, Millennium Drive is a modern leasehold apartment with 1,345 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 8, Millennium Drive is £584,671 and the estimated rental value is £3,310 per month.
The apartment is within 8, Millennium Drive, London, E14.
Millennium Drive, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 1, 8, Millennium Drive has 51 entries in the Land Registry , most recently in September 2009 and a single entry in the EPC database dated August 2019.
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 Flat 1, 8, Millennium Drive is in very good condition we estimate a sale value of £613,904 and a rental value of £3,475 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £543,744 and a rental value of £3,078 per month.
Over the last 12 months the sale value of Flat 1 8 Millennium Drive has decreased by an estimated £18,005 (3.1%) and its rental value has increased by an estimated £197 per month (6.0%), giving an expected gross yield of 6.8%.
Flat 1, 8, Millennium Drive has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Aug 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, Flat 1, 8, Millennium Drive was last sold on 2nd September 2009 for £415,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since September 2009, the market for similar properties has risen 36.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 8, Millennium Drive within a radius of 440 metres over the last 2 years.
The most recent example is Flat 2, 9, Millennium Drive, London, E14 3GH, a leasehold flat which sold for £680,000 on the 30th August 2024.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millennium Drive, London, E14 has a total of 208 addresses. According to our analysis of all the public data, Flat 1, 8, Millennium Drive is the 18th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £112k more expensive than the average property in E14.
The nearest school is Cubitt Town Primary School which is 372 metres away. The nearest train station is Crossharbour which is 700 metres away.
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