Flat 10, Franklin House
Flat 10, Franklin House
Description & Estimates
Flat 10, Franklin House is recorded publicly as a period leasehold apartment across 721 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 10, Franklin House is £415,619 and its rental estimate is £2,494 per month, given the available information and assuming reasonable condition.
Franklin House, Watts Street is a residential building on Watts Street, London, E1 and falls within the E1 postal district and the London Borough of Tower Hamlets.
Our Data Sources
Flat 10, Franklin House has 31 entries in the Land Registry , most recently in July 2019 and a single entry in the EPC database dated November 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 10, Franklin House, we estimate a market value of £436,400 and a rental value of £2,619 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £386,526 and £2,319 per month respectively.
Recent Market Change
Over the last year, Flat 10, Franklin House has seen its estimated sale value move down by £11,591 (2.8%) and its estimated rental value increase by £135 per month (5.4%). This results in an estimated gross rental yield of 7.2%.
Energy Efficiency
Flat 10, Franklin House has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Nov 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 10, Franklin House completed on 22nd July 2019 at £445,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 16.2% over the period since July 2019.
- Sold Jul 2019£445,000
- Sold Jun 2011£280,000
- Sold Jul 2004£192,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 10, Franklin House have sold within a radius of 270 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th September 2024, was Flat 7, Willoughby House, Reardon Path, London, E1W 2PQ, a leasehold flat which sold for £480,000.
Read more about house prices in E1.
- Sold Sep 2024£480,000 | 2 Bed FlatWilloughby House, Reardon PathFlat 7, Willoughby House, Reardon Path, London, E1W 2PQ
- Sold Jul 2024£515,000 | 2 Bed FlatJackman House, Watts StreetFlat 60, Jackman House, Watts Street, London, E1W 2PU
- Sold Dec 2020£480,000 | 2 Bed FlatWilloughby House, Reardon PathFlat 18, Willoughby House, Reardon Path, London, E1W 2PQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 146 addresses on Watts Street, London, E1, Flat 10, Franklin House comes out as the 61st largest and the 59th most expensive in our analysis of the public data.
It is also £100k less expensive than the average property across the E1 district.
More reading links
Schools Nearby
- 300mSt Peter's London Docks CofE Primary School
- 500mHermitage Primary School
- 700mBlue Gate Fields Junior School
- 700mMulberry Academy London Dock
- 900mSt Michael's Catholic College
- 1.0kmThe Charter School Bermondsey
More reading links
Public Transport Nearby
From Flat 10, Franklin House, the nearest station is Wapping, 200 metres away.
- 200mWapping
- 600mRotherhithe
- 700mShadwell
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.
