Flat 1, Rai House 89
Flat 1, Rai House 89
Description & Estimates
Flat 1, Rai House 89 is described in the public record as a mid-century apartment with 764 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 1, Rai House 89 is £547,081 and its rental estimate is £2,874 per month, given the available information and assuming reasonable condition.
Rai House, New Road is a residential building on New Road, London, E1 and falls within the E1 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 1, Rai House 89 has no records in the the Land Registry and a single entry in the EPC database dated September 2025.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Flat 1, Rai House 89, we estimate a market value of £574,435 and a rental value of £3,017 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £508,785 and £2,672 per month respectively.
Recent Market Change
Over the last year, Flat 1, Rai House 89 has seen its estimated sale value fall by £15,257 (2.8%) and its estimated rental value move up by £155 per month (5.4%). This results in an estimated gross rental yield of 6.3%.
Energy Efficiency
Flat 1, Rai House 89 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Sep 2025.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, Rai House 89 have sold within a radius of 250 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th February 2026, was 4A , Myrdle Street, London, E1 1EU, a leasehold flat which sold for £570,000.
Read more about house prices in E1.
- Sold Feb 2026£570,000 | 2 Bed FlatMyrdle Street4A , Myrdle Street, London, E1 1EU
- Sold Sep 2022£562,000 | 2 Bed FlatWorkhouse Apartments 7, Feather MewsFlat 5, Workhouse Apartments 7, Feather Mews, London, E1 1DH
- Sold Oct 2019£470,000 | 2 Bed Flat2, Mears CloseFlat 2, 2, Mears Close, London, E1 1AS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 114 addresses on New Road, London, E1, Flat 1, Rai House 89 comes out as the 44th largest and the 36th most expensive in our analysis of the public data.
It is also £32k more expensive than the average property across the E1 district.
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Schools Nearby
- 200mKobi Nazrul Primary School
- 400mHarry Gosling Primary School
- 400mBigland Green Primary School
- 200mWapping High School
- 200mLondon Enterprise Academy
- 400mMulberry School for Girls
More reading links
Public Transport Nearby
From Flat 1, Rai House 89, the nearest station is Aldgate East, 500 metres away.
- 300mWhitechapel
- 700mAldgate East
- 700mShadwell
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
