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Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1012, Cobalt Point 38 is £343,103 and the estimated rental value is £1,918 per month.
The apartment is within Cobalt Point, Millharbour, London, E14.
Millharbour, London, E14 is located in the borough of Tower Hamlets within the E14 postal district.
Flat 1012, Cobalt Point 38 has 2 entries in the Land Registry , most recently in October 2023 and a single entry in the EPC database dated October 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 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 1012, Cobalt Point 38 is in very good condition we estimate a sale value of £360,258 and a rental value of £2,014 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £319,086 and a rental value of £1,784 per month.
Over the last 12 months the sale value of Flat 1012 Cobalt Point 38 has decreased by an estimated £13,826 (4.0%) and its rental value has increased by an estimated £109 per month (5.7%), giving an expected gross yield of 6.7%.
Flat 1012, Cobalt Point 38 has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Oct 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
According to HM Land Registry, Flat 1012, Cobalt Point 38 was last sold on 27th October 2023 for £385,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since October 2023, the market for similar properties has dropped 11.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1012, Cobalt Point 38 within a radius of 100 metres over the last 2 years.
The most recent example is Apartment 1204, Jackson Tower 1, Lincoln Plaza, London, E14 9BD, a leasehold flat which sold for £390,000 on the 19th December 2024.
Read more about house prices in E14.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Millharbour, London, E14 has a total of 1137 addresses. According to our analysis of all the public data, Flat 1012, Cobalt Point 38 is the 1055th largest and the 979th most expensive property on the street.
When compared to the postcode district it is £129k less expensive than the average property in E14.
The nearest school is Seven Mills Primary School which is 340 metres away. The nearest train station is South Quay which is 300 metres away.
Please login for all schools and rail links, broadband speeds, floodrisk and area demographics information including levels of education, home ownership and more.
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