Flat 1005, 1
Flat 1005, 1
Description & Estimates
According to the public record, Flat 1005, 1, Merino Gardens is a modern leasehold apartment with 850 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1005, 1, Merino Gardens is £1,074,317 and the estimated rental value is £4,210 per month.
The apartment is within 1, Merino Gardens, London, E1.
Merino Gardens, London, E1 is located in the borough of Tower Hamlets within the E1 postal district.
Our Data Sources
Flat 1005, 1, Merino Gardens has a single entry in the Land Registry from September 2022 and a single entry in the EPC database dated June 2022.
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.
Price Range & Condition
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 1005, 1, Merino Gardens is in very good condition we estimate a sale value of £1,128,032 and a rental value of £4,420 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £999,114 and a rental value of £3,915 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1005, 1, Merino Gardens has fallen by £33,560 (3.1%), while its estimated rental value has moved up by £212 per month (5.0%). Based on current estimates, the property offers a gross rental yield of 4.7%.
Energy Efficiency
Flat 1005, 1, Merino Gardens has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Jun 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
According to HM Land Registry, Flat 1005, 1, Merino Gardens was last sold on 8th September 2022 for £1,292,200 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2022, the market for similar properties has dropped by 51.7%.
- Sold Sep 2022£1,292,200
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1005, 1, Merino Gardens within a radius of 250 metres over the last 2 years.
The most recent example is Apartment 501, 2, Merino Gardens, London, E1W 2DR, a leasehold flat which sold for £980,000 on the 31st October 2025.
Read more about house prices in E1.
- Sold Oct 2025£980,000 | 3 Bed Flat2, Merino GardensApartment 501, 2, Merino Gardens, London, E1W 2DR
- Sold Nov 2024£1,181,100 | 2 Bed Flat2, Merino GardensApartment 206, 2, Merino Gardens, London, E1W 2DR
- Sold Sep 2024£1,190,400 | 2 Bed Flat2, Merino GardensApartment 306, 2, Merino Gardens, London, E1W 2DR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Merino Gardens, London, E1 has a total of 381 addresses. According to our analysis of all the public data, Flat 1005, 1, Merino Gardens is the 172nd largest and the 175th most expensive property on the street.
When compared to the postcode district it is £559k more expensive than the average property in E1.
More reading links
Schools Nearby
- 200mSt Paul's Whitechapel Church of England Primary School
- 300mHermitage Primary School
- 600mHarry Gosling Primary School
- 100mMulberry Academy London Dock
- 700mMulberry School for Girls
- 800mLondon Enterprise Academy
More reading links
Public Transport Nearby
The closest station to Flat 1005, 1, Merino Gardens is Shadwell station, which is 600 metres away.
- 600mShadwell
- 700mWapping
- 700mTower Gateway
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
