Flat 1, Wheel House 1
Flat 1, Wheel House 1
Description & Estimates
Flat 1, Wheel House 1 is described in the public record as a modern apartment with 409 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a balcony.
Our estimate of the sale value of Flat 1, Wheel House 1 is £332,880 and its rental estimate is £1,981 per month, given the available information and assuming reasonable condition.
Wheel House, Burrells Wharf Square is a residential building on Burrells Wharf Square, London, E14 and falls within the E14 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 1, Wheel House 1 has no records in the the Land Registry and a single entry in the EPC database dated September 2017.
We combine this information with public data 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.
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, Wheel House 1, we estimate a market value of £349,524 and a rental value of £2,080 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £309,579 and £1,843 per month respectively.
Recent Market Change
Over the last year, Flat 1, Wheel House 1 has seen its estimated sale value decline by £15,866 (4.8%) and its estimated rental value climb by £82 per month (4.1%). This results in an estimated gross rental yield of 7.1%.
Energy Efficiency
Flat 1, Wheel House 1 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Sep 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, Wheel House 1 have sold within a radius of 350 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th June 2024, was Flat 43, Wheel House 1, Burrells Wharf Square, London, E14 3TA, a leasehold flat which sold for £370,000.
Read more about house prices in E14.
- Sold Jun 2024£370,000 | 1 Bed FlatWheel House 1, Burrells Wharf SquareFlat 43, Wheel House 1, Burrells Wharf Square, London, E14 3TA
- Sold Aug 2023£300,000 | 1 Bed FlatChart House 6, Burrells Wharf SquareFlat 409, Chart House 6, Burrells Wharf Square, London, E14 3TW
- Sold Feb 2023£282,000 | 1 Bed FlatChart House 6, Burrells Wharf SquareFlat 309, Chart House 6, Burrells Wharf Square, London, E14 3TN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 348 addresses on Burrells Wharf Square, London, E14, Flat 1, Wheel House 1 comes out as the 316th largest and the 293rd most expensive in our analysis of the public data.
It is also £142k less expensive than the average property across the E14 district.
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Schools Nearby
- 200mHarbinger Primary School
- 400mSt Edmund's Catholic School
- 500mCanary Wharf College, East Ferry
- 900mCanary Wharf College Crossharbour
- 900mGeorge Green's School
- 1.5kmDeptford Green School
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Public Transport Nearby
From Flat 1, Wheel House 1, the nearest station is Mudchute, 600 metres away.
- 600mMudchute
- 700mIsland Gardens
- 900mCutty Sark for Maritime Greenwich
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
